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Express Tribune
4 days ago
- Business
- Express Tribune
K-P to unveil FY25-26 budget on June 13
The Khyber-Pakhtunkhwa government will table the FY 2025-26 budget on June 13. Chief Minister Ali Amin Gandapur greenlighted the summary sent by the finance ministry and approved the date for budget presentation. Instead of finance advisor Muzamil Aslam, Minister for Law Aftab Alam will unveil the budget as Aslam is not a member of the house. Alam had also presented the budget for the current financial year. Sources said the total outlay of the K-P budget for the next fiscal year is likely to be pegged at Rs2,000 billion. Around Rs450 to Rs500 billion are likely to be earmarked for development projects. It is pertinent to mention that the total volume of the current fiscal year was fixed at Rs1751 billion, with Rs420 billion set aside for ADP. The K-P government is preparing for a Rs180 billion surplus budget for the next fiscal. Interestingly, the K-P government had broken the parliamentary tradition last year and presented a surplus budget for FY 2024-25 in the provincial assembly, even before the announcement of the federal budget, a move unprecedented in the country's history. Finance Minister Aftab Alam unveiled the Rs1,754 billion budget for fiscal 2024-25 [July-June], boasting a surplus of Rs100 billion.
Business Recorder
6 days ago
- Business
- Business Recorder
Prices of daily-use items show upward trend
PESHAWAR: Upward trend in prices of daily use items like live chicken/meat, vegetable, pulses, cooking oil/ghee and others was witnessed, according to a survey carried out by Business Recorder here in the local market on Sunday. A marginal increase in prices of live chicken was registered as it is being sold at Rs465 per kilogram against the price of Rs460 per kilogram in the retail market. Price of farm eggs has increased as being sold at Rs360 per dozen against the price of Rs300/dozen. Similarly, the survey said Cow meat was available at Rs1100/kg against the fixed price by local administration at Rs800-900/kg while boneless meat is being sold at Rs1300/kg in the open market. Mutton beef was being sold at Rs2500/kg in the open market, the survey added. Prices of various varieties and brands of cooking oil/ghee remained unchanged in the open market. Price of one kilogram of sugar has further increased from Rs170/kg to Rs180 per kilogram, the survey said. Tomato was available at Rs50 and 60 and Rs70/kg in the open market. Onion was being sold at Rs70-80/kg in the previous week while some vendors and dealers charged a self-imposed price in the retail market. Ginger and garlic remained unchanged as being available at Rs800/kg and Rs400 and Rs600/kg respectively. Green chilli was being sold at Rs120/kg. Peas was being sold at Rs150/180 per kg against the price of Rs120/kg, capsicum at Rs150/kilo, ladyfinger Rs120/ kilo, and curry Rs70/kg, Kachalu Rs150-200/kilo, turnip at Rs150/kg Eggplant (bringle) Rs100/kilo, Zucchini (tori) Rs100/ kilo, Tinda Rs100/kg, lemon was being sold at Rs600-700/ kg, the survey said. It added that Arvi was available at Rs200/kg, cabbage at Rs100/kg, red-collared potatoes available at Rs70/kg while white coloured potatoes are sold at Rs50/kg in the retail market. Price of flour was stable in the retail market as 20-kg fine flour sac was being sold at Rs1750-1800 and Rs1900/sac and brown coloured flour sac at Rs1500-1600/sac in the open market. Wheat flour and other products like maida, soji and choker flour also remained high in the retail market. According to the survey, prices of all brands and qualities of beverages also remained high in the local market. Black tea was being sold at Rs1400-1500/kg, the survey added. The survey said good quality rice (sela) was available at Rs320/kg, while low quality rice was available at Rs300/kg, while tota rice was available at Rs180-200/kg. Dal mash was available at Rs480/kg against the Rs420/kg, dal masoor at Rs320/kilo, dal chilka (black) at Rs320/kg, dal chilka (green) at Rs260/kg, moonge at Rs360/kg against Rs320/kg, dhoti dal at Rs400/kg, dal Channa at Rs320/kg against Rs280/kg, white lobiya at Rs340/kg, red bean at Rs440/kg, Gram flour (baisen) at Rs420/kg against Rs280/kg, big size white Channa at Rs380/kg, small-size white Channa from Rs360/kg. The prices of the fruits: Apple was available from Rs250-300 and Rs400-500/kg, banana at Rs200-250/dozen, pomegranate at Rs400-500 per kg, guava at Rs250-300/kg. Copyright Business Recorder, 2025
Express Tribune
09-03-2025
- Business
- Express Tribune
Food consumers face rampant overpricing in metropolis
Overpricing remained rampant this week with the official rates of essential food items, including fruits, vegetables and meat, largely ignored in the markets in the city. The official poultry rate list remained unchanged for the third week with sellers complaining of unrealistic prices. They said chicken meat prices, like those of other perishable goods, were affected by the supply and demand on a daily basis. The official price of live chicken was set between Rs397 and Rs411 per kg, but it was sold at Rs460 to Rs480 per kg. Chicken meat was officially priced at Rs595, while market rates ranged between Rs670 and Rs740 per kg. Boneless chicken was listed at Rs1,000 to Rs1,100 in different areas of the metropolis. Vegetable prices also saw significant differences. Potatoes were officially priced at Rs50 to Rs55 per kg but sold at Rs80 to Rs100. The official rate for onions was Rs60 to Rs65 per kg, while market prices reached Rs80 to Rs100 per kg. Tomatoes, priced officially at Rs45 to Rs50 per kg, were sold between Rs100 and Rs120 per kg. Local garlic was officially set at Rs300 but was available in the market for Rs500 per kg. Ginger had an official rate of Rs360 to Rs375 per kg but was sold at Rs400 to Rs600. Farm cucumbers were priced officially at Rs52 to Rs55 per kg but were sold between Rs80 and Rs120 per kg. Brinjal was fixed at Rs57 to Rs60 per kg but was sold at Rs100 to Rs120 per kg. Bitter gourd, which had an official rate of Rs162 to Rs170 per kg, was sold at Rs280 to Rs300 per kg. Fruit prices also showed similar discrepancies. Apples were priced between Rs170 and Rs325 per kg officially, yet market prices ranged from Rs250 to Rs600 per kg. A-category bananas had an official price of Rs250 to Rs260 per dozen but were sold for Rs350 to Rs400 per dozen. Guavas, fixed at Rs160 to Rs220 per kg, were available in the markets at Rs250 to Rs300 per kg. Kinow, officially priced at Rs180 to Rs425 per dozen, was sold for Rs400 to Rs700 per dozen. Pomegranates of the Danaydar variety were set at Rs420 to Rs440 per kg but sold at Rs600 to Rs800 per kg. Strawberries had an official price of Rs200 to Rs465 per kg, yet market rates reached Rs350 to Rs450 per kg.
