Utility Stores wishes new year by surging prices of basic food commodities

ISLAMABAD: New year for Pakistan begins with an inflation bomb. The government-operated utility stores have jacked up the prices of basic food commodities for the common user. According to details, the Utility Stores Corporation (USC) has surged the prices of flour (20 kilograms packet) by Rs496, sugar by Rs19 per kilogram, and ghee by Rs75 per kilogram.

USC stated that new prices would be effective from January 1, 2023. However, the beneficiaries of the Benazir Income Support Programme (BISP) are exempted from the recent hike.

Earlier on December 30 last year, Prime Minister Shehbaz Sharif announced targeted subsidies for the citizens enrolled in BISP on basic food items.

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