‘We can’t feed kids at these prices’: School canteen operators ask for subsidies
With the rising costs of ingredients, they claim that they are struggling, especially when their prices are contractually bound by canteen tenders.
With the rising costs of ingredients, they claim that they are struggling, especially when their prices are contractually bound by canteen tenders.
The company cited soaring costs for materials, labor, transportation and electricity.
Surging rents caught many tenants by surprise, with many having to move after their leases were up and landlords hiked prices, said property agents.
Inflation in December was the highest since November 2008, and was more than twice as high as the 3.1 percent recorded in December 2021.
There has been a sharp spike in the prices of poultry products since Oct 2022 after authorities stopped the release of GMO soybean shipments arriving mainly from the US and Brazil.
This number represented a decline of 10 executives from a year earlier, when more than 90 per cent of respondents said it would make a recovery.
Reportedly, the sales of property have risen because homebuyers in the 26-30 age group were not affected by the economic fallout of the Covid-19 crisis.
Last week, the finance ministry’s forecast said inflation would stay high — between 21-23 per cent during the current fiscal year.
By some estimates, some 7.9 million people will be living in urban areas by 2030, up roughly five-sixths from 4.3 million in 2014.
Moreover, the PTI leader reiterated that the idea of bringing in a technocrat government “will not be tolerated” in Pakistan.