No doubt there is general price hike in Pakistan but in some sectors it is more phenomenal. According to media reports, inflation rate in Pakistan has reached 30 percent. Wheat, sugar, tea, eggs, poultry, dry milk, important medicines and electricity are among the most effected items.
Cereals and vegetable rates have increased significantly. Price of one kilogram poultry has reached to Rs well over 200. Interestingly, prices of all these things go up due to increase in petrol prices. Now petrol prices have reached to the lowest level. Prices of all these commodities should come to their previous levels, but it seems it is not going to happen anytime soon.
There is abundance of cheap food, dairy and poultry products in advanced countries. Similarly, there are no shortages of electricity and petrol there. Can we not turn Pakistan as prosperous as these advanced countries? Pakistan must follow example of advanced countries by controlling price hike and increasing production.
ABUBKAR MOAZZAM
Lahore
