September 15, 2022

 

Pakistan poultry prices to rise significantly unless government provides relief

 

 

The Pakistan Poultry Association (PPA) said prices for poultry products are expected to rise significantly unless the government provides relief for the poultry sector, especially after recent floods have done major damage to the industry, ProPakistani reported.

 

According to Ghulam Khaliq, senior vice chairman of PPA-Southern region, 70% of farms and related assets were damaged by the recent floods, costing billions of rupees in losses. He bemoaned the fact that the government had recently increased the price of poultry by 60% by levying a sales tax on the raw materials used to make feed and poultry medicine.

 

The PPA has not provided an exact number for the increase in poultry prices but has predicted that it will be a sizable increase soon.

 

The price of poultry has been affected by the recent increases in electricity and fuel prices, which could result in a significant price increase. Salman Munir, vice chairman of the PPA, expressed further concern over the Sindh government's refusal to renew farmers' land leases. According to him, this action may result in the closure of several farms in interior Sindh and even in Karachi's suburbs.

 

The PPA representatives urged the government to compensate farmers for their losses, postpone for at least six months the implementation of sales taxes on medicines and poultry feed raw materials, ban the export of corn (the raw material used to make poultry feed), reduce electricity prices, and extend the land lease for another 99 years.

 

PPA representatives highlighted the losses by stating that the floods killed between 300,000 and 350,000 birds in Lasbela district alone. Massive losses were incurred by all of the farms in Sindh area, but particularly those in Dadu, Qambar Shahdadkot, Naushahro Feroze, Hyderabad, and portions of Tando Allahyar and Tando Muhammad Khan.

 

-      ProPakistan

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