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.