Pakistan's Milk Prices Surge Due to New Tax

Milk prices in Pakistan have recently skyrocketed by over 20% following the introduction of a new tax. This tax has led to a significant increase in the cost of milk, particularly in comparison to other countries like France, Australia, and more. In Karachi, a liter of Ultra-high temperature (UHT) milk is now priced at 370 rupees ($1.33), making it more expensive for consumers.

According to Bloomberg data, the price of UHT milk in Pakistan is notably higher than in other parts of the world. For instance, the cost of UHT milk is $1.29 in Amsterdam, $1.23 in Paris, and $1.08 in Melbourne. The recent national budget included an 18% tax on packaged milk, which was previously exempt from such taxes.

The increase in milk prices in Pakistan has put a strain on consumers, especially those who rely on milk as a staple food item. The higher costs have made it challenging for many families to afford this essential dairy product, leading to concerns about food security and nutrition.

The surge in milk prices in Pakistan due to the new tax highlights the importance of government policies on essential food items. As consumers grapple with higher costs, there is a growing need for measures to ensure the affordability and accessibility of basic necessities like milk. It remains to be seen how authorities will address these concerns and support the welfare of the population.