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Ghee, cooking oil prices see massive hike across Pakistan

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The costs of critical kitchen necessities, such as banaspati ghee and cooking oil, have escalated by up to 20% in the last two months, placing households under heightened financial strain.

The increase occurs notwithstanding government assertions of a declining inflation trend, raising apprehension among individuals already contending with elevated living expenses.

Reports indicate that the price of ghee has escalated by Rs30 to Rs120 per kilogram in multiple places, while the cost of cooking oil has surged by Rs50 to Rs150 per litre. Retailers have verified that the increase is impacting households across the nation, with costs differing according to brand and quality.

Rates for ghee and cooking oil in December 2024

The retail price of premium-grade ‘A’ quality ghee currently varies from Rs505 to Rs559 per kilogram. In Lahore and other metropolitan areas, the price of Sufi ghee has escalated to Rs350 per kilogram. Simultaneously, mid-range ‘B’ quality ghee is priced between Rs440 and Rs500 per kilogram.

The prices of cooking oil have risen correspondingly, with retailers attributing the escalation to the surging costs of raw materials in the global market. Wholesale distributors have identified global supply chain disruptions as a major contributor to the price increase.

The Consumer Price Index inflation indicates a trend of slowing.

Notably, the increase in ghee and oil prices coincides with data from the Pakistan Bureau of Statistics (PBS) showing a slowdown in core inflation. The Consumer Price Index (CPI) for November 2024 was 4.9%, a significant decrease from 7.2% in October 2024.

This figure indicates a notable enhancement relative to the 29.2% inflation documented in November 2023.

In November 2024, inflation rose by 0.5% month-on-month, reflecting a deceleration relative to the 1.2% increase observed in October. Nevertheless, for economically challenged households, this statistical enhancement provides minimal comfort since the costs of vital goods persist in escalating unabated.

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Enhancing Pakistan-Bahrain Collaboration: Tarar Highlights Fortifying Media Connections Between Pakistan and Bahrain

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Attaullah Tarar, the Minister of Information and Broadcasting, has underlined the importance of strengthening cooperation between Bahrain’s and Pakistan’s official media organizations.
He proposed news sharing between the Bahrain News Agency (BNA) and the associated Press of Pakistan (app) during a meeting with Bahrain’s Minister for Information, Ramadan Bin Abdullah Al-Noaimi, in Riyadh. Attaullah Tarar stated that media delegation exchanges are essential to enhancing media cooperation.
According to the information minister, Pakistan and Bahrain have very close fraternal ties that are founded on shared history, religion, and culture.
Pakistan’s economy is heading in the right direction, according to Attaullah Tarar.
Additionally, he stated that Pakistan offers great prospects for foreign investors to make investments.
According to Bahrain’s Information Minister, the country cherishes its relationship with Pakistan.
He reaffirmed Bahrain’s determination to further strengthen media cooperation.

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Mandi Bahauddin District Jail: MNA Launches Improvement Initiatives at Jail

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During his visit to District Jail Mandi Bahauddin, Member of the National Assembly Chaudhry Nasir Iqbal Bosaal officially opened a number of development projects, including the recently built jail building.
Chaudhry Nasir Iqbal Bosaal mna was welcomed at the District Jail by Superintendent Jail Haq Nawaz, Deputy Superintendent Sheikh Arif Nisar, Shahzad Aslam Jaja, and other jail staff. The Jail’s cadre saluted and presented a guard of honor.
He treated sick inmates admitted to the hospital, established other development projects, including the recently built jail facility, and toured several barracks, mills, anchorage, juvenile ward, and jail hospital.
at addition to planting a sapling at the jail as part of the tree plantation campaign, Chaudhry Nasir Iqbal Bosal MNA expressed gratitude for Superintendent Jail Haq Nawaz’s efforts and offered prayers for the nation’s growth and prosperity.

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Under the auspices of Ombudsman Punjab, an awareness seminar was held at the Government Mc High School in Nakana Sahib.

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The ombudsman Punjab Nankana Sahib Region held an awareness seminar at Government Captain Hassan Nawaz Shaheed MC High School.
The CEO of the District Education Authority, Shazia Bano, chaired the seminar. Advisor Malik Muhammad Aslam and District Education Officer Secondary Dr. Saima Zafar were among the educators, students, and education officers that attended the session.
In his speech to the seminar, Malik Muhammad Aslam stated that people are aware of their rights and that our goal is to eradicate institutional corruption and poor management.Everyone must do their share to improve institutions. The provincial ombudsman’s awareness campaign was deemed beneficial by civil society representatives, educators, and students, who said it provided them with information about the institution’s significance and what to do in the event of a complaint.Teachers and students reaffirmed their commitment to playing their part in raising public knowledge of the ombudsman.

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