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Milk prices in Pakistan surged by more than a fifth after a new tax was applied in the federal budget, making the dairy staple more expensive than in France, Australia and some other developed nations, stated Bloomberg in a report on Thursday.

Ultra-high temperature, or UHT, milk now costs Rs370 ($1.33) a liter in supermarkets in Karachi. That compares with $1.29 in Amsterdam, $1.23 in Paris, and $1.08 in Melbourne, according to data collected by Bloomberg.

An 18% tax was applied to packaged milk as part of taxation changes approved in the national budget last week.

Previously, it was tax-exempt.

“Before the impost, which resulted in retail prices increasing by as much as 25%, milk costs were comparable with developing countries such as Vietnam and Nigeria, said Muhammad Nasir, a spokesman for the local unit of Dutch dairy producer Royal FrieslandCampina NV,” Bloomberg stated in the report.

Food items: Additional tax to increase pressure on masses: Mian Zahid

Costlier milk along with other taxation have raised concerns in the country that has reeled under record inflation in the past few months. While the pace of inflation has only slowed recently – largely due to a high base effect – experts say the recent budget will again stoke a fresh wave of higher prices.

Many also criticised the higher taxation on commodities like milk, arguing that it will worsen child health.

“It will deny nutrition from a population that is already suffering from malnutrition,” Nasir was quoted as saying by Bloomberg.

Comments

200 characters
KU Jul 04, 2024 08:38pm
People should understand that this is a 75-year itch of ill-governance n corruption, n people are mere slaughter lambs. Govt expenses are preferred over food inflation, same for medicines/commodities.
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Z. D. Sheikh Jul 04, 2024 10:07pm
@KU, IMF is moving towards the aim of buying Pakistan's Neuclear assets since Abdul Qadeer Khan is no more.
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Ja Hil Jul 04, 2024 11:41pm
So what? We were warned to reduce our tea. We didn't listen. Next is the water, stop wasting it in tea!! /s
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Az_Iz Jul 05, 2024 05:09am
Packaged milk should be the way to go. Taxing it will not help at all.
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Az_Iz Jul 05, 2024 05:10am
Zero tax on Packaged milk.
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Farrukh P Jul 05, 2024 09:28am
We are rubbing shoulders with European countries.
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Aamir Jul 05, 2024 10:15am
We are still very cheap compared to the west. Issue is all are living beyond means. The common or middle class family has 4 children when they can only afford one or max two. Overpopulation bomb
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usman Jul 05, 2024 11:02am
Time to have cows at home to break this monopoly.
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MS Jul 05, 2024 12:00pm
IMF has demanded to tax the milk, I hope WHO has not bared to check quality.
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Builder Jul 05, 2024 12:04pm
I Agree with @Aamir - overpopulation and that too with no education and skill. Forget any GDP growth in such situations. Government is imposing taxes where volume is high in absence of any reforms.
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Escalator inc Jul 05, 2024 12:17pm
Is it the same quality as West.
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Abbott Jul 05, 2024 12:26pm
"more expensive than in France, Australia and some other developed nations", What about comparison of prices with Srilanka, Egypt, Sudan, Nigeria, Burma, economies like ours?
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N. Jul 06, 2024 01:47am
@Aamir , What about Salary comparison?
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Harbans Sran Jul 06, 2024 10:33am
In that way 0.7$in India
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Dirty Car Jul 06, 2024 12:31pm
European prices for third world inferior quality milk. Glad I moved to Canada.
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Dirty Car Jul 06, 2024 12:36pm
I am sure these won't pass even Bangladesh food safety standards (if they have one).
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Dirty Car Jul 06, 2024 12:39pm
@Z. D. Sheikh, what's the use of these weapons when it can't prevent or defend innocent children of Palestine.
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Dirty Car Jul 06, 2024 12:45pm
@Escalator inc, Definitely not. Suitable only for house maid consumption.
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Haroon Mirza Jul 06, 2024 02:20pm
@Aamir , yes we are living beyond meain go and c the cars outside any good restaurants all over Pakistan and chai wallay Quetta chai dhabba al over Pakistan rush in week days.
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