Eliminate the rule regarding Weighted Average Price for purchasing tobacco
Reform IDF383
DescriptionAmendment of the current rule for calculating the weighted average tobacco purchase price has been proposed to introduce a flexible Minimum Indicative Price (MIP) mechanism, allowing pricing competitiveness and reducing financial pressure on producers in line with international best practices such as the USA’s free market approach.
DepartmentPakistan Tobacco Board
Jurisdiction / LocationFederal - Entire Pakistan
SectorAgriculture and Livestock
Start Date24-06-2025
Target Deadline09-07-2025
Date Enacted
Implementation StatusIn Progress
Progress 25%
CCORR DirectionEliminate
Cost Savings PKR (Mil.)
Evidence