Home 5 Articles and Reports 5 Pakistan’s economic crisis causes paper shortages

Pakistan’s economic crisis causes paper shortages

by | Jun 28, 2022 | Articles and Reports

Pakistan’s Publishers and Booksellers Association has warned that the current crisis of paper shortage will make it impossible to supply textbooks to millions of students this year.

“If the prices of paper are not stabilized, booksellers will not be able to provide textbooks to millions of students this year,” said Aziz Khalid, Chairman of the Publishers and Booksellers Association.

“The local paper manufacturers are consistently raising prices. At present, the price of local paper has increased by over 200 percent, while its quality is also inferior as compared to foreign-manufactured paper,” he added.

The publishers’ association also highlighted that the pricing formula is yet to be decided between the government and the private publishers, which has been ignored by the government for some time now and has resulted in a looming crisis.

“Since January 2022, an increase of Rs 100 per one kg of local paper has been observed. The current situation is pushing the printing and packaging industries towards a collapse,” said Khalid.

“Every week, a hike ranging from Rs 5 to Rs 8 per kg of local paper is being observed. But no tangible steps have been taken by the government in this regard,” he added.

The unavailability of textbooks will affect the middle class, which could be used by the educational institutions to exploit the parents and force them into paying hefty amounts to buy books.

“The publishers are also facing a shortage of imported paper, which has been taxed heavily by the government. On one hand, paper importers are suffering due to heavy taxation, while on the other hand local paper mills cannot produce enough paper to meet the demand,” said Khalid.

There are around 18,000 printing and packaging businesses in Pakistan. These companies are suffering from the government’s tax policy and rising inflation.

“We demand the government to reduce taxes and duties on the import of paper to avert the impending textbook crisis. By raising prices of locally manufactured low-quality paper and imposing taxes on good quality imported paper, the government is restraining Pakistan from entering the export market worth billions of dollars,” said Khalid.

Source: The Kashmir Monitor

Recent News

27Nov
Orion Acquires Liam Brown’s New Novel

Orion Acquires Liam Brown’s New Novel

Hachette imprint Orion Fiction in the UK has bought a novel set in the world of publishing by Birmingham-based creative writing lecturer Liam Brown. Sarah O’Hara, editor, acquired UK and Commonwealth rights (excluding Canada) to Fanfiction from Salma Begum at Grehound Literary.  Orion plans to launch Fanfiction “with an unmissable campaign in hardback, trade paperback, […]

25Nov
New Zealand Disqualifies Books Over AI Covers

New Zealand Disqualifies Books Over AI Covers

The books of two award-winning New Zealand authors have been disqualified from consideration for the country’s top literature prize because artificial intelligence was used in the creation of their cover designs. Stephanie Johnson’s collection of short stories Obligate Carnivore and Elizabeth Smither’s collection of novellas Angel Train were submitted to the 2026 Ockham book awards’ […]

25Nov
Thousands of Titles Shine at Kuwait Book Fair

Thousands of Titles Shine at Kuwait Book Fair

The Kuwait International Book Fair continues to draw remarkable momentum, with more than 611 publishing houses from 33 countries filling its halls with a vibrant tapestry of books. The aisles unfold like a vast map of knowledge, new releases intersect with timeless classics, and scientific works sit alongside novels, history, and the arts. With hundreds […]

Related Posts

How Do Travel Books Shape Our Choices?

How Do Travel Books Shape Our Choices?

In every era of history, travel has opened horizons, but books have always been the compass that gives a journey its meaning and directs the traveler’s steps. Travel literature does not merely describe places; it shapes imagined portraits of them, often brighter in...

Tales of Small Languages Defying Disappearance

Tales of Small Languages Defying Disappearance

From Estonia to Iceland: Tales of Small Languages Defying Disappearance   Small languages, those spoken by only a few million people, face mounting pressure under cultural globalization and the dominance of English in publishing, education, and the media. This...

Milan Kundera: When the Novel Touches the Questions of Life

Milan Kundera: When the Novel Touches the Questions of Life

Since the publication of his most celebrated novel The Unbearable Lightness of Being in 1984, it has become impossible to view Milan Kundera as a traditional novelist. His work moves beyond the limits of storytelling into a wider universe where characters intersect...

Previous Next
Close
Test Caption
Test Description goes like this