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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

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