Rising Inflation: PM Imran decides to bring Rs15 bn relief package
The administration will also monitor the food prices at the district level.
ISLAMABAD (Dunya News) – Prime Minister Imran Khan has decided on Monday to introduce a relief package of Rs15 billion to tackle the rising inflation and provide aid to poor people of the country.
According to sources, PM Imran chaired the meeting of economic team today where the decision regarding the relief package was taken. It was decided that the relief will be provided on food items through the utility stores. The administration will also monitor the food prices at the district level.
In addition, a stern action will be taken against the hoarders and profiteers. The Rs15 billion package will cover all the major food commodities and citizens will get items at a cheaper rate from utility stores.
On Feb 9, Prime Minister Imran Khan assured to the general public that the government would provide relief by reducing prices of essential commodities and taking stern action against hoarders.
In a tweet, the prime minister said that the federal cabinet in its meeting on Tuesday would announce some drastic measures to give relief to the inflation-hit people.
PM Imran, in a tweet, stated: “I understand the difficulties ordinary people [including] salaried class are confronting and have decided, come what may, my govt will be announcing various measures that will be taken to reduce prices of basic food items for the common man in cabinet on Tuesday.”
In another tweet, he revealed that all relevant government agencies had begun an in-depth probe into the hike in flour and sugar prices.
He held out the assurance that those found involved in artificial price hike would be dealt with iron hands. “The nation should rest assured that all those responsible will be held accountable and penalised.”
In this regard, the government is expected to establish shops in the country where essential food items will be available at subsidised rates.
Federal Minister for Planning and Development Asad Umar asserted that the prices of daily use items would fall this month.
