CORPORATE WINDOW: Struggles of packaged milk

The previously tax-exempt packaged milk is now taxed at 18 per cent, making it more costly than in France, Australia, Amsterdam or Paris. A Bloomberg article compares that in dollar terms, a litre of packaged milk costs $1.33 compared with $1.29 in Amsterdam, $1.23 in Paris, and $1.08 in Melbourne. The recent hike in packaged milk prices in Pakistan has raised serious concerns about the nation’s already prevalent malnutrition issues. According to data presented at a meeting with Unicef representatives, malnutrition costs the country an estimated three per cent of GDP.