BusinessUtility Stores: Rs90 Per Kg Hike on 10kg Flour Bag

Utility Stores: Rs90 Per Kg Hike on 10kg Flour Bag

ISLAMABAD: Federal government on Friday hiked flour prices at the Utility Stores with a 10-kilogram bag perceiving an increase by Rs90, ARY NEWS reported.

The decision comes after increasing the prices of all petroleum products by Rs30.

The new rates were conveyed to all zonal managers in a notification issued by the Utility Stores Corporation.

According to a statement issued by the Utility Stores Corporation, Rs 9 per kilogram has been raised on flour.

Subsequent in a hike of Rs90 on a 10 kilograms’ bag and Rs180 on a 20-Kg bag.

The 20-Kg bag that was formerly being sold at Rs800 will now cost Rs980 while 10-kg bag will cost Rs490, contrary to Rs400 previously.

Rs90 Per Kg Increased On 10kg Flour Bag at Utility Stores

The regional accounts officers have been directed to visit the warehouses and guarantee implementation of prices in the utility stores.

It said in case any discrepancy/insufficiency is found at any stage, concerned officer will be held responsible. It also said that the cost price of flour would remain the same.

Formerly, Prime Minister Shehbaz Sharif made an exceptional announcement by saying that:

He will decrease the flour price even if he has to sell clothes.

While addressing a public gathering of Pakistan Muslim League Nawaz (PML-N) in Bisham tehsil of Khyber Pakhtunkhwa’s (KP) Shangla district..

PM Shehbaz Sharif promised to reduce flour prices in the province.

The prime minister announced that he recognized well how to reduce flour prices in the province. He directed the provincial government to make the reduction at its own expense.

Chief Minister Hamza Shahbaz newly also announced that the price of a 10kg flour bag would be reduced by Rs160 to Rs490.

He said steps were being taken to reduce the prices of sugar ghee and other essential items.

He said district price control committees had been reactivated across the province to check on profiteering.

Related Stories

Pakistan Inflation to hit high of 25% this fiscal year: ADB

Pakistan Inflation to hit high of 25% this fiscal year. Asian Development Bank has released the annual outlook report...

A record decline in lending from banks to the private sector

In the current financial year, there has been a record decline in the provision of credit from banks to...

Petrol Price is likely to be more expensive from tomorrow

There is a fear of increasing the petrol price across the country from tomorrow. According to the sources, the petrol...

Trending on DiariesPK