By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Economic strain deepens as tourism industry struggles with fee hikes in PoGB – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
    • Home 1
  • Categories
  • Legal Talk
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > World > Economic strain deepens as tourism industry struggles with fee hikes in PoGB – World News Network
World

Economic strain deepens as tourism industry struggles with fee hikes in PoGB – World News Network

worldnewsnetwork
Last updated: January 20, 2025 12:00 am
worldnewsnetwork 11 months ago
Share
SHARE

Gilgit [PoGB], January 20 (ANI): The steep rise in royalty and mountaineering fees in Pakistan-occupied Gilgit-Baltistan (PoGB) has sparked concern among tour operators, who fear the region’s growing adventure tourism industry could collapse, Dawn reported.
Members of the PoGB Tour Operators Association (GBATO) and the Pakistan Association of Tour Operators (PATO) have written to federal authorities, PoGB Chief Minister Haji Gulbar Khan, and other key stakeholders, urging them to reverse the hike.
PoGB, home to some of the world’s highest peaks like K-2 and over 100 mountains above 7,000 meters, has long been a prime destination for both domestic and international adventurers.
This thriving tourism sector has benefited not only the government but also local businesses, including tour operators, lodging providers, transporters, high-altitude porters, and rescue teams. For instance, a single foreign expedition to K-2 alone can generate around USD 60,000.
However, the government’s recent hike in trekking permits and royalty fees has made PoGB one of the most expensive locations for adventure tourism. As a result, the region has seen a sharp drop in visitor numbers, causing significant job losses, particularly in industries that heavily depend on tourism. Tour operators warn that the livelihoods of thousands of residents are at risk due to the financial strain caused by these changes.
Further exacerbating the situation, a 2023 report by Dawn revealed that PoGB raised the price of subsidised wheat from PKR 20 to PKR 36 per kilogram, following pressure from the federal government, which had originally proposed a 70 per cent increase to PKR 52.
While the increase was moderated to balance public unrest and federal directives, it has nonetheless placed a heavy burden on household budgets in an area where many rely on subsidised wheat for basic nutrition.
The government actions have led to a combination of lower earnings and rising living expenses, fueling public demonstrations. The residents of PoGB now find themselves in a precarious situation, with both their daily survival and the region’s tourism sector at stake, Dawn reported.
As a result of these policies, PoGB’s economic marginalisation continues to deepen, despite the region’s potential to thrive through adventure tourism. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

UAE Attorney General receives delegation from Russia’s Prosecutor General’s Office – World News Network

19 US state attorneys general sue Trump admin over USD 100,000 H-1B visa fee – World News Network

IDF says key October 7 planner Hamas’ weapons chief killed in strike – World News Network

Thailand denies truce with Cambodia, hours after Trump claims deal – World News Network

Jaishankar meets UK, Luxembourg Deputy PMs on sidelines of Sir Bani Yas Forum in UAE – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article “Uniform Civil Code will be implemented soon in state”: Uttarakhand CM Pushkar Dhami – World News Network
Next Article “We welcome this decision”: Founder & MD of Mahajan Imaging, Dr Harsh Mahajan after RG Kar convict gets life term – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Copyright © 2024 World News Network. All Rights Reserved.
  • Advertise with us
  • Newsletters
  • Deal
Welcome Back!

Sign in to your account

Lost your password?