Traders Association Criticizes Lahore Budget Impact

Web DeskJuly 8, 2024 01:07 AMbusiness
  • Chicken prices surge due to new government taxes
  • Residents concerned about affordability of essential goods
  • Financial pressure rises as cost of living increases
Traders Association Criticizes Lahore Budget ImpactImage Credits: dailypakistanen
The recent Lahore budget implementation has led to a surge in chicken prices and concerns about the affordability of essential goods, prompting criticism from the Traders Association.

In Lahore, the recent implementation of the 2024-25 budget has led to noticeable changes in the prices of essential goods, particularly chicken, causing concern among residents. The cost of packaged milk has seen a significant increase, while chicken prices have surged as well. Reports from Bolton Market reveal a sudden jump of 37 rupees per kilogram in chicken prices within a single day, reaching a new high of 421 rupees per kilogram. Poultry traders and dealers are anticipating further price hikes in the coming days, citing the introduction of new government taxes as the primary reason for the escalation. The Traders Association has raised alarms about the affordability of chicken, beef, and mutton for the general public, criticizing the budget for imposing what they perceive as unjust taxes and neglecting their recommendations. This situation underscores the growing financial pressure on individuals as the cost of living rises following the latest budget adjustments.

The surge in essential goods prices in Lahore following the 2024-25 budget has sparked concerns among residents and traders alike. The sudden increase in chicken prices, coupled with rising costs of other basic commodities, is putting a strain on the finances of ordinary citizens. As the situation unfolds, it is crucial for authorities to address the concerns raised by the Traders Association and work towards ensuring a balance between revenue generation and the affordability of essential goods for the public.

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