Planning Minister asks provinces to go after hoarders, profiteers

Business Sep, 25 2023
Planning Minister asks provinces to go after hoarders, profiteers
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ISLAMABAD: Minister for Planning, Development and Special Initiatives Muhammad Sami Saeed in meeting of National Price Monitoring Committee (NPMC) reviewed prices of essential commodities, directing quarters concerned to maintain food prices and provide relief to common man.

He emphasised zero-tolerance against hoarders and profiteers, directing provincial governments to engage their respective commissions, deputy commissioners and magistrates against elements involved in hoarders, news release said.

Chief Statistician from Pakistan Bureau of Statistics (PBS), representatives from all provinces, Federal Board of Revenue, Ministry of Food Security and Industries and relevant stakeholders attended meeting.

During meeting, PBS officials presented price and inflation data, while representatives from Punjab, Khyber Pakhtunkhwa, Sindh and Balochistan apprised forum on current production and supply of wheat, sugar and other essential commodities, which remained satisfactory.

Meeting decided that PBS would give access to its App to provinces so that prices could be monitored and controlled effectively. It highlighted importance of minimising price difference between wholesale and retail items and directed relevant stakeholders to reduce this difference to maximise relief for common man.

Published in The Daily National Courier, September, 26 2023

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