ISLAMABAD: Prime Minister Imran Khan today (Saturday) has asserted that his government will be using all the resources at its disposal to bring down skyrocketing food prices in the country by Monday.
The Prime Minister took to Twitter and said, “Starting Monday in the coming week, our government will use all resources at the disposal of the state to bring food prices down.”
“We are already examining causes of the price hikes: whether there is a genuine supply shortage or simply hoarding by mafias; smuggling if any,” he remarked.
The premier further said that the PTI-led federal government was checking if the price hike may be due to an increase in “international prices” for palm oil, lentils, or any other item.
“From next week, we will have our strategy in place, and action will begin using all state organisations and resources to bring down food prices,” vowed the Prime Minister.
Or a price rise due to international prices such as for palm oil, lentils etc. From next week we will have our strategy in place & action will begin using all state organisations & resources to bring down food prices.
— Imran Khan (@ImranKhanPTI) October 10, 2020
Meanwhile, Minister of State for Industries and Production Hammad Azhar has informed that the imported wheat and sugar will be released at control rates by provinces to alleviate the inflationary pressure on the masses.
In a tweet, Hammad Azhar shared a graph and pointed out that food inflation was witnessing a temporary spike in South Asia. “South Asia has witnessed a temporary food inflation spike,” he added.
South Asia has witnessed a temporary food inflation spike. Govt will take all measures needed to reduce prices of essential commodoties. Imported wheat and sugar will be released at control rates by provinces. All options are being examined for other commodities. pic.twitter.com/IByTJitMU1
— Hammad Azhar (@Hammad_Azhar) October 10, 2020
“The government will take all measures needed to reduce the prices of essential commodities. Imported wheat and sugar will be released at control rates by provinces. All options are being examined for other commodities,” he tweeted.
