Finance Minister Ishaq Dar has said that the government of Pakistan has reduced the prices of ghee and edible oil at utility stores.
In his message on social networking site Twitter, Ishaq Dar said that prices of ghee and edible oil have been reduced at utility stores. The price of Tyrone brand ghee has been reduced by Rs. 69 and the price of cooking oil has been reduced by Rs. 76 per litre.
Price Reductions by Utility Stores Corporation of Pakistan 👇 pic.twitter.com/r0oZ3YCyaI
— Ishaq Dar (@MIshaqDar50) May 26, 2023
|Description||Market Price in Rs. Per KG/Liter||USC Price In Rs. Per KG/Liter||Difference In Rs. Per KG/Litre|
|1st Tier Branded Oil||618-630||540-590||40-78|
|1st Tier 1 Branded Ghee||580-585||545-577||8-35|
|2nd Tier Ghee (subsidize)||510-520||490||20|
He said that the price of subsidized ghee has reached Rs 490 per kg. The price of Tyrone Ghee is Rs 545 to Rs 577 per kg. The price of Tyrone cooking oil is Rs 540 to 590 per kg.
The Finance Minister said that the price of second grade ghee is Rs 20 per kg less than the market price. Tier 1 ghee at utility stores is Rs 8 to Rs 35 per kg cheaper than the market. Tier one cooking oil is Rs 40 to 78 cheaper than the market.
Finance Minister Ishaq Dar said that reduction in prices of ghee and edible oil at utility stores will be implemented immediately.