The Pakistani Higher Education Commission has now suggested a new way to cut expenses for importing tea. The Education Agency has asked the Chancellor Representative to promote the consumption of local drinks such as ‘Lassi’ and ‘Sattu’ (corn flour), the news reported.
Hec said this step would not only increase work, but also generate income for the public in the midst of the ongoing economic crisis in the country. Acting Chairperson of the Higher Education Commission quoted the economic crisis faced by Pakistan and asked them to take ‘leadership roles’ and think of innovative ways to provide assistance to low -income groups.
One of the recommended steps includes promoting local tea plantations and also healthy and healthy drinks such as ‘Lassi’ and ‘Sattu’. The commission said that the move would also result in income and work involvement in making this drink.
This happened several days after the Pakistani planning minister urged the people in his country to reduce their tea intake because the country had to borrow money to import tea. I ask the country to reduce tea consumption with 1-2 cups because we import tea on loan, “the Minister said in a video that became viral.
Pakistan has faced a severe economic crisis lately. The country’s stock exchange on Friday stopped trade after the benchmark index dropped more than 2,000 points. The shocking seller took place after Prime Minister Shehbaz Sharif announced that he imposed a new 10 percent tax for large industries, the AP news agency reported.
Sharif warned that the economy was on the threshold of bankruptcy and he took steps to save the country and avoid further taxes with the poor. New tax will apply to industries such as cement, steel, sugar, banking, textiles and others. There will also be new taxes that graduate for the rich. These steps are expected to apply on July 1, following the approval by the parliament.
On the same day, Pakistani Minister of Finance Miftah Ismail said that a loan of 2.3 billion dollars from the Consortium of Bank China had been credited to the Central Bank account. “I am happy to announce that a Chinese consortium loan of RMB 15BN (Kira -Kirah USD 2.3 billion) has been credited to the State Bank of Pakistan (SBP) account today, increasing our foreign exchange reserves,” Tweeted Ismail.