Pakistan Economy / Will Pakistan be declared bankrupt? The cost of one liter of milk is also Rs 210.

Pakistan Economy: Inflation has now reached its peak in Pakistan and it is feared that the country may now be declared bankrupt. While the price of milk has gone up to Rs 210 per litre, the prices of daily food items are skyrocketing.

Trouble on chicken-rice, flour too expensive

Broiler chicken prices have seen an increase of Rs 30-40 per kg in the last two days, with it now costing Rs 480-500 per kg. Chicken in Pakistan is now being sold at PKR700-780 per kg which was earlier selling at PKR620-650 per kg. The report said that the price of boneless chicken has reached Rs 1,000-1,100 per kg. At the same time, the price of one kg of rice has gone up to Rs 200 per kg. Flour is currently being sold at Rs 120 per kg, potato at Rs 70 per kg, tomato at Rs 130 per kg and petrol at Rs 250 per litre.

Why milk prices have increased, know

On milk prices, Waheed Gaddi, media coordinator of the Karachi Milk Retailers Association, told news agency Dawn that "over 1,000 shopkeepers are selling milk at inflated prices. These are actually shops of wholesalers/dairy farmers and not ours." Members.He further said that if the price hike announced by dairy farmers and wholesalers is not rolled back, the price of milk will go up to PKR 220 per liter instead of PKR 210.

On rising rates of poultry, Kamal Akhtar Siddiqui, general secretary of the Sindh Poultry Wholesalers Association, said the wholesale rate of live chicken was Rs 600 per kg, while the rate of meat was between Rs 650 and Rs 700, the report said.

Pakistan's foreign exchange reserves have reached the lowest level since 1998. Now it is only $ 3 billion, due to which Pakistan will not be able to cover even one month's imports. On the other hand, there is no trace of the loan received from the IMF in Pakistan.