AMRAIZ KHAN
The government has announced to decrease prices of branded ghee and cooking oil at utility stores.
This price decrease will be up to Rs. 37 to Rs. 60 per Kg of Ghee and Oil respectively.
It is worth mentioning here that the announcement of decrease in Oil and Ghee prices came after the decline in US Dollar price on the third consecutive day in Inter-bank and Open Market. The inflation-ridden people of Pakistan took a sigh of relief after the government announcement.
The public got relief from inflation, Utility Stores Corporation (USC) officials issued a notification announcing a reduction in the prices of branded ghee and cooking oil. The price of branded ghee was reduced by Rs. 37 to Rs 59 per litre.
Finance Minister Ishaq Dar has said that people should show patience and Pakistan’s economy will be revived in near future. A citizen Amir in his 60s, talking about the relief given by the Pakistan government said, “Though it is not a big relief but something is better than nothing”.
Another female consumer busy shopping for groceries said, “With the consecutive decline in dollar price I am hopeful that prices of edibles will decrease with the passage of time”.
