Browsing: Tea consumption in Pakistan

  • Pakistan’s Federal Minister for Planning and Development, Ahsan Iqbal, revealed that the South Asian country has been importing tea on credit, putting pressure on its economy
  • The minister urged Pakistanis to avoid all products the country does not produce independently as inflation bites
  • According to the Observatory of Economic Complexity (OEC), Kenya was the largest exporter of tea to Islamabad in 2022 as it earned $ 495 million Sh 58.2 billion) in that financial year
Pakistan’s Federal Minister for Planning and Development, Ahsan Iqbal, has asked the country’s citizens to cut their tea consumption over high import bills.
This means Kenya could lose billions in foreign exchange as Pakistan is the largest importer of tea from the Mombasa auction.
Iqbal reveals Pakistan imports tea on credit
Iqbal revealed that the South Asian country has been importing tea on credit, putting pressure on its economy, which faces a high inflation rate.