The Pakistani government has decided to impose restrictions on onion exports citing the continuous rise in the prices, citing sources. Sources claim that the government imposed advance payments to discouraging the exports. Additionally, the government also fixed the minimum export price for the onion. The steps were taken to avoid the expected shortage of onions.
Pakistan’s short-term inflation surged 43.16 per cent in the week ending on Dec 14, primarily fuelled by pulses, rice and vegetables. The weekly inflation remained above 41pc for the fifth week in a row as gas prices, electricity tariffs stood higher than a year ago. In contrast, the prices of onions dropped 25.11pc year-on-year.
Source: arynews.tv