In Pakistan, the price of milk has skyrocketed, milk is five times more expensive for every person
(Agency) Ahmedabad, Pakistan's government has imposed a tax of 18 percent on packaged milk, now milk prices have reached the sky. Milk has become five times more expensive for humans.
Now dairy products have become more expensive in Pakistan than in France and Australia. The price of ultra-high temperature UHT milk in Karachi's super market has now increased to Rs.370 per liter or $1.33. While its price in Armstrong has increased to $1.99 per liter in Paris, $1.33 in Melbourne and $1.08 per liter. According to the new tax provision made in the National Budget last week, 18 percent tax has been imposed on packaged milk.
Earlier no tax was levied on milk. Dutch dairy producer Royal Fusland Campion NV. Muhammad Nasir, the spokesperson of the local unit, said that before the tax was imposed, the price of milk had increased by Rs. After this, milk prices were similar to developing countries like Vietnam and Nigeria. According to the terms of the IMF, Pakistan has increased the tax by up to 40 percent.
Inflation now rampant in Pakistan
Due to higher price of milk, inflation in Pakistan will now rise uncontrollably. Here people's wages have been suspended. People's purchasing power and spending have increased tremendously.
The condition of child health has worsened. And 40 percent people are living below the poverty line. Most of the population here is already malnourished. Their impotence has increased. In Pakistan, 60 percent of children under the age of five are anemic and 40 percent of children are stunted.