Pakistan minister urges people to reduce tea consumption to keep economy afloat
According to the reports, Pakistan is the world’s largest importer of tea. It imported around $ 60 million worth of tea more than the last fiscal year for which it had apparently borrowed the money. “I appeal to the nation to cut down the consumption of tea by one to two cups because we import tea on loan,” he was quoted.
How easily you asked us for our life. pic.twitter.com/zJE9wWFtXw
– Nabya Shahid (abnabyashahid) June 14, 2022
This is amid the severe financial crisis in Pakistan reflected by its lower foreign currency reserves. Reports mention that the rapidly falling foreign currency reserves are pressurizing the Pakistan government to reduce the high import costs and save the funds.
The recent economic crisis is a major test for PM Shehbaz Sharif, who replaced Imran Khan in April. Meanwhile, the video of the incident has gone viral over the internet with netizens wondering how cutting down their daily tea consumption would help Pakistan overcome the economic crisis.
One of the users slamming the state for its appeal, said that the Government of Pakistan does not provide tea for free. “Consumers pay for the tea they consume. There’ll be no compromise on Chai, “she tweeted.
– Shaina bhatti (@ Shainabhatti2) June 15, 2022
Another mocked Iqbal. Said, “Ahsan Iqbal sahib, we can also try ‘intermediate’ fasting so we just stop eating / drinking all together. So excited with your vision of the future. 500 years ahead of it’s time. Bless you oh savior of mankind ”.
Ahsan Iqbal sahib, we can also try ‘intermediate’ fasting so we just stop eating / drinking all together. So excited with your vision of the future. 500 years ahead of it’s time. Bless you oh savior of mankind. 3 #CostOfLivingCrisis #AhsanIqbal
– Anoushey Ashraf (Anoushey_a) June 15, 2022
Pakistan’s foreign exchange reserves accounted for $ 10 billion in the first week of June. The same in February accounted for 16 billion. Reportedly, the Pakistan officials have also cramped the import of non-essential luxury items to save and protect the funds.