Pakistan's price controls deepen Karachi flour crisis as official rates clash with market reality
Karachi, July 10 -- The widening disparity between government-fixed flour prices and prevailing market rates has intensified concerns over a potential flour supply crisis in Karachi, exposing growing flaws in Pakistan's price control mechanism, as reported by The Express Tribune.
According to The Express Tribune, the Karachi administration has announced revised retail prices, setting regular flour at PKR 125 per kilogram, fine flour at PKR 135 per kilogram and chakki flour at PKR 145 per kilogram.
The notification also fixed wholesale prices of regular flour at PKR 122 per kilogram and fine flour at PKR 132 per kilogram, while maintaining the chakki flour price at PKR 145 per kilogram.
However, industry representatives have dismissed t...
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