Utility Stores Corporation Announces Substantial Price Reductions on Essential Items Ahead of Ramadan 2024
In a significant move to alleviate economic burdens on the public, the Utility Stores Corporation has declared a substantial reduction in prices for key commodities such as tea, ghee, cooking oil, soap, and washing powder. This timely announcement, just ahead of Ramadan 2024, aims to bring relief to households facing economic challenges.
Among the notable reductions, the prices of ghee and cooking oil from various brands have been slashed by up to Rs100 per kilogram, providing a tangible benefit to consumers. Similarly, the prices of branded tea have also seen a considerable decrease of up to Rs100.
The initiative is part of the upcoming Ramadan relief package, scheduled to be launched next month, specifically targeting members of the Benazir Income Support Program (BISP). With the holy month of fasting set to commence on March 11 or 12 in Pakistan, the price reductions come as a welcome development for the public, offering financial respite during a traditionally significant period.
As the country anticipates a new government assuming office in the coming days, there has been widespread speculation regarding potential increases in the prices of essential commodities. Amid these concerns, the announcement from the Utility Stores Corporation (USC) serves as a reassuring measure for the general public, particularly in the face of historic inflation.
This move reflects the commitment of the Utility Stores Corporation to prioritize the welfare of citizens, ensuring accessibility to essential items at more affordable rates. The corporation’s proactive approach to addressing economic challenges is poised to positively impact households and contribute to a more stable and secure economic environment for the public.
