Sugar prices in Pakistan: Prices of various edible items, including sugar, The trend has gone up after the government introduced several new taxes in the 2024-25 budget.
On June 12, the federal government introduced a budget with many taxes. This was done to meet the requirements set by the International Monetary Fund (IMF) to get another bailout package for the financially struggling country.
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Prime Minister Shehbaz Sharif has also admitted that the budget for the new fiscal year was prepared under the watch of the global lender.
The budget, which took effect on July 1, has started to impact people as prices of food items have increased in both wholesale and retail markets.
The budget has also led to an increase in the sugar prices in both markets across the country, putting an additional burden on public.
Sugar Prices in Wholesale Market in July 2024
The price of 50-kg bag in wholesale market has seen an increase of Rs250 to Rs6,950 as compared to previous rate of Rs6,700 per bag. The per kg wholesale price of sugar now stands at Rs139.
Sugar Per KG Retail Price in Pakistan From July 2024
The retail price of sugar in July 2024 is between Rs145 and Rs150 per kilogram, and it’s expected to go up even more.
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