All-out efforts under way to control inflation: Farrukh Habib.

FAISALABAD -- State Minister for Information and Broadcasting Farrukh Habib said on Saturday all-out efforts were being made and the entire government machinery had been motivated to control inflation.

Addressing a press conference at market committee complex Faisalabad, he identified multiple factors causing price-hike and said that the government had to deal with hoarders, profiteers and mafias to ensure adequate supply of commodities on affordable prices.

He said that demand and supply gap was being monitored in addition to excluding middlemen, who was playing a major role in price escalation.

The minister expressed satisfaction over the prices of different commodities during Ramazan and said that the federal government had subsidised different items and in this connection Rs 7 billion was being distributed through Utility Store Corporation. Similarly, the Punjab government had also allocated Rs 5 billion to provide different items on subsidised rates during Ramazan, he added.

He said that Price Control Committees would also be reorganised immediately after Eid to continue to ensure supply of different commodities at affordable rates.

Terming Bilawal Bhutto Zardari a 'Parchi Chairman', he said that he had no direct link with masses. He said he should be aware of the fact that flour was available at Rs 800-860 in Punjab while the same bag of 10-kg was available for Rs 1,200 in Karachi.

He said the Sindh government had failed to control inflation and the entire province had been left at the mercy of mafias.

Farrukh Habib said that Sindh was worst hit by the poverty and the federal government had distributed maximum sustenance allowance under Ehsaas programme in Sindh province.

He said Shehbaz Sharif was attempting to flee Pakistan as he was facing jail in the country now. The Sharif come to Pakistan only to rule, he added. He said the Sharif family remained in power for 30 years, but they failed to construct even a single hospital where they could be...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT