Shaukat Tarin, The Adviser to the Prime Minister on Finance and Revenue presided over the National Price Monitoring Committee (NPMC) meeting at the finance division, The committee reviewed the prices of daily use commodities and essential food items in the country.
As per details, The secretary finance briefed the National Price Monitoring Committee (NPMC) about the weekly Sensitive Price Index (SPI) situation which has been increased by 1.07% during the week under review.
The secretary finance said while reviewing the price trend of essential commodities, that prices of 10 essential commodities registered decreased, prices of 14 items remained stable during the last week, added that the prices of essential commodities Onion, Potatoes, Cooking Oil registered a significant decrease as compared to same period last year.
He also appraised NPMC that the prices of the wheat flour bags remained consistent at Rs. 1100 per 20 kg due to the proactive measures of the Punjab, KP Governments and ICT administration.
Shaukat Tarin expressed satisfaction over the stability in the sugar prices and emphasized the Ministry of Industries and Production to take appropriate measures for creating strategic reserves of the sugar in the country for a smooth supply of sugar in the coming months.
The secretary finance on stock position of fertilizers, was appraised that Punjab and Sindh governments have taken actions against the hoarders, added that Punjab government had established control rooms in districts to monitor the stock position of fertilizers and appropriate actions are being taken on complaints against high prices.
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