Pakistanis spend nearly half of their income on food: Report

[shashikant]

Pakistanis spend nearly half of their income on food: Report – The Express Tribune[/url]

what do you think, why is it so high ?

 

[Pakistani shaheens]

Are you saying that we Pakistanis eat too much?

 

[Marshmallow]

lolz

 

[Developereo]

Are you saying that we Pakistanis eat too much?

No, it means that the tax system in Pakistan is completely screwed up.

Instead of charging income tax, which would be paid more by the rich, the Pakistani system puts tax on food, petrol and basic necessities which punishes poor and middle class people.

If you make Rs. 100,000 a month and pay Rs 20,000 in food tax, you pay 20% of your income on tax.

If you make Rs 50,000 a month and pay Rs 20,000 in food tax, you pay 40% of your income on tax.

 

[shashikant]

Are you saying that we Pakistanis eat too much?

no, i think food prices may be too high but you may be right.

 

[Pakistani shaheens]

No, it means that the tax system in Pakistan is completely screwed up.

Instead of charging income tax, which would be paid more by the rich, the Pakistani system puts tax on food, petrol and basic necessities which punishes poor and middle class people.

If you make Rs. 100,000 a month and pay Rs 20,000 in food tax, you pay 20% of your income on tax.

If you make Rs 50,000 a month and pay Rs 20,000 in food tax, you pay 40% of your income on tax.

That's really sad! They should impose taxes on income rather than food.

 

[GreenFalcon]

I Love Fooooooood

 

[pursuit of happiness]

Pakistanis spent almost half of
their household budget on food in
2012, the highest ratio in the
world, a survey found.
According to a report by the US
Department of Agriculture’s
Economic Research Service
in which 84 countries were surveyed,
Pakistanis spend more of their
income on food than any other
country. An average Pakistani spends
47.7 per cent of their house hold
budget on food consumed at home.
On the other hand, people in United
States spent the least on food, even
less than Europeans and Canadians.
An average American citizen spends
only 6.6 per cent of their house hold
budget on food at home.
In Pakistan, where average consumer
expenditures per person, which
comprises of personal expenditures
on goods and services, are $871
people spend $415 on food at home.
In comparison, Americans spend
nearly $2,273 on food.
It is pertinent to note that while US
citizens spent a smaller fraction of
their budget on food, the amount
spent on food is almost five times of
what an average Pakistani spends on
food.
The stark difference could possibly
be explained since the per capita
income of Pakistan stood at $1,299
in 2012-13, while the per capita
income of US was $53,143.
Besides the US, people in Singapore,
United Kingdom and Canada spend
less than 10 per cent of consumer
expenditure on food. An average
Singaporean spends almost 7.3 per
cent of their household income on
food, while Britishers and Canadians
splash almost 9.1 and 9.6 per cent
of their house hold budget on food.
An average Indian spends almost $
220 every year on food at home,
which translates into 25.2 per cent
of their total consumer expenditure
every year.
Pakistanis spend nearly half of their income on food: Report – The Express Tribune
what do you think, why is it so high ?

---
its univeral in developing world...
more you develop less you spend on food
less you developd more exp on food...
same for india
Are consumption pattern change and vegetable inflation linked? - Livemint

 

[halupridol]

Are you saying that we Pakistanis eat too much?

kya baat hae

 

[Malik Usman]

It is because we believe money is for to eat........not to take with you in grave.........if you can't spend your income on yourself.........then it is going to do no benefit in grave..

 

[suresh1773]

Are you saying that we Pakistanis eat too much?

It is the OP which is saying. But I feel 47.7 on food is just too much,what about other things like Utility Bills(Light,Telephone,Gas,Cable,Mobile) ,House Rent, Entertainment plus School fees on children if any.After paying all the expenses,very little will be left

 

[shashikant]

It is because we believe money is for to eat........not to take with you in grave.........if you can't spend your income on yourself.........then it is going to do no benefit in grave..

hum jine ke liye nahi khaante hai hum,hum khaane keep liye jeete hai .

 

[xyxmt]

Are you saying that we Pakistanis eat too much?

if not then explain eateries everywhere you go lined up in 10's on every street and all full of people

 

[faisal6309]

Don't know about whole Pakistan, but we Lahoris really like to eat a lot!!

@Armstrong sahi ha na?

 

[Spring Onion]

Thanks to Inflation .