PM: Govt to use all resources to bring down food prices
PM Imran Khan says his government will use ‘all resources at the state’s disposal’ to control food inflation starting Monday.
Prime Minister Imran Khan on Saturday said the government would use all resources at the disposal of the state to bring down food prices from the coming week.
Amid a 1.24 per cent jump in weekly inflation due to an increase in essential food items prices, Prime Minister Imran Khan on Saturday announced that his government would use “all resources at the state’s disposal” to bring down food prices starting Monday.
Government will be using “all the resources” at its disposal to bring down skyrocketing food prices in the country.
PM Imran ‘s tweet announcement
Imran Khan tweeted on October 10, 2020 about this matter and gave nation the hope of reduced prices.
Starting Monday in coming week, our govt will use all the resources at the disposal of the state to bring down food prices. We are already examining causes of the price hikes: whether there is a genuine supply shortage or simply hoarding by mafias; smuggling, if any;
— Imran Khan (@ImranKhanPTI) October 10, 2020
“Starting Monday, in the coming week, our government will use all resources at the disposal of the state to bring food prices down,” PM Imran Khan tweeted on Saturday.
Meanwhile, Minister of State for Industries and Production Hammad Azhar said imported wheat and sugar will be released at control rates by provinces to alleviate the inflationary pressure on the masses.
The PM said the government is already examining the reasons behind the recent hike in the prices of food items.
He said the government is investigating if there is a genuine supply shortage, hoarding by mafias, smuggling or a rise in international prices.
PM Imran Khan said the government was checking if the price hike may be due to an increase in “international prices” for palm oil, lentils or any other item.
“From next week, we will have our strategy in place and action will begin using all state organizations and resources to bring down food prices,” vowed PM Imran Khan.
South Asia has witnessed a temporary food inflation spike. Govt will take all measures needed to reduce prices of essential commodoties. Imported wheat and sugar will be released at control rates by provinces. All options are being examined for other commodities. pic.twitter.com/IByTJitMU1
— Hammad Azhar (@Hammad_Azhar) October 10, 2020
Shortly afterwards, Hammad Azhar tweeted a graph to make the point that food inflation was witnessing a temporary spike in South Asia.
He tweeted;
“South Asia has witnessed a temporary food inflation spike. Govt will take all measures needed to reduce prices of essential commodities. Imported wheat and sugar will be released at control rates by provinces. All options are being examined for other commodities,”
