Wednesday, June 15, 2022

Pakistani Government: Stop Drinking Tea!

People in Pakistan have been asked to reduce the amount of tea they drink to keep the country's economy afloat.  Sipping fewer cups a day would cut Pakistan's high import bills, senior minister Ahsan Iqbal said.

The country's low foreign currency reserves - currently enough for fewer than two months of all imports - have left it in urgent need of funds.  Pakistan is the world's largest importer of tea, buying in more than $600m (£501m) worth last year.  "I appeal to the nation to cut down the consumption of tea by one to two cups because we import tea on loan," Mr Iqbal said, according to Pakistani media.

The plea came as Pakistan's foreign currency reserves continue to fall rapidly - putting pressure on the government to cut high import costs and keep funds in the country.  The request to reduce tea drinking has gone viral on social media, with many doubting the country's serious financial problems can be addressed by cutting out the caffeinated beverage.

Last month officials in Karachi restricted the import of dozens of non-essential luxury items as part of their bid to protect funds.  The economic crisis is a major test for the government of Shehbaz Sharif, who replaced Imran Khan as Pakistan's prime minister in a parliamentary vote in April. Shortly after being sworn in, Sharif accused Imran Khan's outgoing government of mismanaging the economy and said putting it back on track would be a huge challenge. 


No comments: