BR Web Desk Published July 4, 2024 

Milk prices in Pakistan surged by more than a fifth after a new tax was applied in the federal budget, making the dairy staple more expensive than in France, Australia and some other developed nations, stated Bloomberg in a report on Thursday.

Ultra-high temperature, or UHT, milk now costs Rs370 ($1.33) a liter in supermarkets in Karachi. That compares with $1.29 in Amsterdam, $1.23 in Paris, and $1.08 in Melbourne, according to data collected by Bloomberg.