Tag: SUGAR
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Over Rs6.4 billion allocated for Ramzan subsidies: Essential items to be available at reduced rates
The government has earmarked Rs6.484 billion to provide essential food items at subsidised rates through the Utility Stores Corporation (USC) during the holy month of Ramzan.
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Weekly inflation in Pakistan jumps to 42.3% as prices increase ahead of Ramadan
According to data released by the Pakistan Bureau of Statistics (PBS) on Friday, weekly inflation surged by 1.37 per cent week-on-week and 42.27 per cent year-on-year during the week ended March 9. This marks a 25-week high on an annualized basis, as prices of perishables have started to rise ahead of Ramadan. The surge in…
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Weekly inflation in Pakistan jumps to 41.07% due to edible oil, sugar prices
According to data provided by the Pakistan Bureau of Statistics (PBS) on Friday, edible oil, sugar, and vegetables helped drive the weekly inflation up to 41.07 percent on an annual basis. Sensitive Price Index (SPI) measurements of short-term inflation were still on the high side and would go up much more once customers start to…
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Govt raises ghee price by Rs75 per kg, sugar by Rs19 per kg
The government-run Utility Store Corporation (USC) has increased the price of sugar, flour, ghee, and other food items despite the prime minister’s relief package.
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Weekly inflation jumps by over 29% due to rising food prices
The Sensitive Price Indicator (SPI) based inflation for the week ended December 29, recorded a decrease of 0.09 per cent due to decline in the prices of food and non-food items, says the Pakistan Bureau of Statistics (PBS).
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PM Shehbaz decides to continue targeted subsidy on five essentials items
Prime Minister (PM) Shehbaz Sharif on Monday decided to continue a targeted subsidy on five essential items — wheat flour, sugar, ghee/edible oil, pulses, and rice — at Utility Stores for the next financial year. The prime minister also approved the expansion of a network of Utility Stores in Karachi. “The small number of Utility…
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Pakistan breaks 70-year inflation record in three years: report
Inflation in Pakistan has broken a 70-year record in the last three years, with food prices doubling, while the prices of ghee, oil, sugar, flour, and poultry have reached historic levels, reports The News. According to the Federal Bureau of Statistics (FBS) report, electricity rates have increased by 57 per cent from Rs 4.06 per…
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Cabinet rubbishes ECC approval to resume cotton, sugar import from India: report
A meeting of the federal cabinet chaired by Prime Minister (PM) Imran Khan has rejected the Economic Coordination Committee (ECC) approval to import cotton yarn and white sugar from India, reports quoted sources as saying. A day earlier, the ECC had approved two summaries of the commerce and textile ministry to lift ban on import…
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ECC allows import of cotton, sugar from India
The Economic Coordination Committee (ECC) of the cabinet has approved two summaries of the commerce and textile ministry to lift ban on import of cotton and white sugar from India. According to reports, there were 21 items on the agenda of the ECC meeting to be chaired by newly appointed Finance Minister Hammad Azhar. Commerce…
