Government Reduced Ghee And Cooking Oil Prices
Ghee And Cooking Oil Prices
The federal government has announced a reduction in branded ghee and cooking oil prices at utility stores Pakistan.
This reduction will be from 37 to 60 rupees per kg of ghee and oil respectively. It is worth mentioning here that the announcement of reduction in ghee and cooking oil prices came after the drop in the value of the US dollar for the third consecutive day in the interbank and open market.
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It is said to be a sigh of relief for the inflation-stricken public who are suffering from skyrocketing prices. This adjustment is expected to provide relief to consumers who depend on cooking oil for their daily food needs.
Public got relief from inflation, Utility Stores Corporation Pakistan officials issued a notification to reduce the prices of branded ghee and oil. The price of branded ghee has been reduced by Rs. 37 to Rs. 59 per litre.
Although Finance Minister Ishaq Dar has said that people should be patient and Pakistan’s economy will recover in the near future.