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Adviser to the P.M. on Finance says ‘range’ of relief measures will help to reduce prices of basic commodities. Adviser to the P.M. on Finance Shaukat Tarin on Wednesday said the Pakistan Tehreek-e-Insaf (PTI)-led government is implementing a range of relief measures to absorb the impact of global inflation of basic commodities; claims that were echoed by P.M. Imran Khan in a separate meeting.
Says relief in prices to begin from March 2022, insists rates of basic commodities still lower in Pakistan versus rest of world.
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He said that as prices of various commodities were increasing in the international market and Pakistan depended on imported goods, its impact was also being witnessed at domestic level.
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KARACHI: The Pakistan Tehreek-e-Insaf (PTI) government may not succeed in bringing sugar prices down in the near future at least, as a leading sweetener producer said prices would remain high due
Crushed by inflation The impact of the upward adjustments in fuel and power tariffs is equally pronounced on the life of the average There are a few reasons for the price hike in Pakistan.
He said the global prices of wheat and sugar grew 37pc and 40pc, respectively, compared to 12pc and 21pc in Pakistan. PM Khan claimed that the price of petrol in Pakistan was at its lowest among
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"As Pakistan is dependent on imported goods, it is having an impact on the local market. However, the government is taking all possible steps to reduce the burden on the poor."
The impact of a Rs50 increase in the price of a urea bag on commodities like rice, sugar, maize, potato, tomato and banana is also within 10 paisa per kilogram, he said. Year-on-year food
"As Pakistan is dependent on imported goods, it is having an impact on the local market. However, the government is taking all possible steps to reduce the burden on the poor."
United Nations Pakistan’s ‘COVID-19 Socio-economic Impact Assessment and Response’ report, the pandemic caused a deep contraction of the manufacturing sector in the first quarter of 2020.
“Commodity prices are rising in the international market,” the PM said while addressing the meeting. “As Pakistan is dependent on imported goods, it is having an impact on the local market.
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Prime Minister Imran Khan has said that the whole world, including Pakistan, is facing higher prices after the Covid-19 pandemic and the government is fully cognisant of the impact of inflation on
Prime Minister Imran Khan has said that the whole world, including Pakistan, is facing higher prices after the Covid-19 pandemic and the government is fully cognisant of the impact of inflation on
Pakistan is producing high quality sugar of international standards but it is costlier due to various factors. International prices of sugar had declined due to higher output over the demand. It was $225 per ton at the start of 1998 while it had come down to $ 188 per ton on 12.9.1999.
The Pakistan Tehreek-e-Insaf (PTI) government may not succeed in bringing sugar prices down in the near future at least, as a leading sweetener producer said prices would remain high due to a
He said that as prices of various commodities were increasing in the international market and Pakistan depended on imported goods, its impact was also being witnessed at domestic level. He, however, added that the government was taking all possible measures to lessen the burden of poor segment.
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He said that the pandemic affected the economy of the whole world but Pakistan countered it by employing the best strategy. The chief minister expressed these views during a visit to coronavirus vaccination center at the tank Chowk where he witnessed the vaccination process and reviewed arrangements for the ongoing Reach Every Door (RED) vaccination drive under execution in Multan like
He said that the pandemic affected the economy of the whole world but Pakistan countered it by employing the best strategy. The chief minister expressed these views during a visit to coronavirus vaccination center at the tank Chowk where he witnessed the vaccination process and reviewed arrangements for the ongoing Reach Every Door (RED) vaccination drive under execution in Multan like
He said that as prices of various commodities were increasing in the international market and Pakistan depended on imported goods, its impact was also being witnessed at domestic level.
Pakistan. Govt decides to bring entire sugar stock in market for sale * Sugarcane crushing across country to be started from November 15 to control sugar prices