Finance MInister directs departments for strict monitoring of prices of basic commodities

May 4, 2021: Finance Minister Shaukat Tarin has urged provinces to ensure daily release of wheat on subsidized rates in compliance to keep the prices of wheat flour bags in check.

He was chairing a meeting of the National Price Monitoring Committee in Islamabad yesterday.

The Finance Minister directed the respective Provincial administrations and concerned departments for strict monitoring of prices of basic commodities and ensure availability of sufficient stocks of basic commodities to provide relief to the consumers on the special occasion of Eid.

Keeping in view the arrival of Eid, the Finance Minister stressed coordinated and consolidated efforts by all concerned to check undue profiteering and price hike to facilitate masses during the last week of Ramadan.

The NPMC reviewed the price trend of essential commodities especially wheat flour, sugar, edible ghee, chicken and vegetables during the last week.

While briefing the NPMC about weekly Sensitive Price Indicator, the Finance Secretary apprised that prices of 9 basic commodities registered a decline whereas 30 items remained stable during the week under review.

Radio Pakistan