Govt to control inflation within two to three months: Miftah Ismail

News Image

MG News | June 14, 2022 at 12:10 AM GMT+05:00

June 13, 2022: Federal Minister for Finance Miftah Ismail on Monday said that the government was trying hard to control inflation and it will be overcome in two to three months.

"It was the responsibility of the government to put the country's economy on right track," he said while talking to a private news channel.

He said to mitigate the deficit, the program's revival with International Monetary Fund (IMF) was necessary to bring down inflation at the earliest, for the betterment of the economy.

He said the government will try to negotiate over the terms of the IMF programme which the former Pakistan Tehreek-e-Insaf government committed to it.

This he said would be done for market stability and will ensure the provision of essential items at cheaper rates.

He said, despite IMF conditions, the government was giving subsidies on oil, ghee, sugar and flour items for easing the burden of poor people, adding that there were structural problems in the country as there was no one who had the will to resolve them except the incumbent federal government.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 162,374.88
110.96M
-0.95%
-1549.44
ALLSHR 98,620.11
386.58M
-0.91%
-906.77
KSE30 47,823.16
51.47M
-1.02%
-490.65
KMI30 232,733.99
57.93M
-1.23%
-2903.19
KMIALLSHR 63,955.68
197.75M
-1.12%
-727.41
BKTi 44,724.17
14.61M
-1.01%
-457.04
OGTi 33,033.72
5.00M
-1.08%
-361.88
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 80,785.00 81,450.00
80,440.00
-420.00
-0.52%
BRENT CRUDE 117.38 117.45
112.74
4.21
3.72%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
-1.10
-0.85%
ROTTERDAM COAL MONTHLY 147.10 0.00
0.00
1.10
0.75%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 103.44 103.92
98.84
3.97
3.99%
SUGAR #11 WORLD 20.26 20.51
20.02
0.13
0.65%

Chart of the Day


Latest News
October 24, 2026 at 10:46 AM GMT+05:00

Weekly Market Roundup


October 24, 2026 at 09:41 AM GMT+05:00

Diesel price rises by Rs1.91 per litre, petrol unchanged


October 23, 2026 at 05:11 PM GMT+05:00

Pioneer Cement profit surges 73% to Rs2bn


October 23, 2026 at 05:02 PM GMT+05:00

PSX Closing Bell: The Red Sequel



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg