• Download the Constitution of Pakistan
  • Advertise
Monday, December 22, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

Pak Govt will use its Resources to Curtail Inflation

by Web Desk
October 10, 2020
in Business, Economy, Finance, Main, New, Pakistan Politics, Politics
Reading Time: 2 mins read
0
Pakistan
Share on FacebookShare on TwitterLinkedinWhatsapp

With the rise in inflation in Pakistan, Government has decided that it will use its own resources to take the prices of food essentials down. This considerable step is taken by the PM Imran’s government after the inflation in the country elevated to 1.24 percent.

The Prime Minister of Pakistan stated that his government is considering the reasons that gave rise to inflation in the country. These reasons can include smuggling, hoarding, or increment of the price of the stock at an international level.

Consecutively, from the upcoming week, Khan’s government will execute its strategy and will make use of the state resources to lower the price of food items.

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

On Friday, the data gathered by the Pakistan Bureau of Statistics represented an increment of 1.24 on the food item prices. However, the crisis will soon vanish with the new strategy introduced by the Prime Minister.

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

Furthermore, the statistics calculated by the PBS are based on the price of 51 necessary food items from 50 markets dispersed in 17 major cities of the nation.

PM #ImranKhan vows to use all #government resources to bring down increasing food prices in the #country from Monday

Details: https://t.co/6NXsSuoWZN#GeoNews pic.twitter.com/dfxiDKNo2k

— Geo English (@geonews_english) October 10, 2020

As the government is all set to take this significant initiative, all hopes are attached to the PM’s upcoming scheme of using the personal means of government figures.

Tags: AnnouncementGovernment of PakistanImran KhanInflationPakistanPrime Minister

Web Desk

Related Posts

Asim Munir and King AbdulAziz

Saudi Arabia Honours Asim Munir for Boosting Pak-Saudi Ties

by Anum Arif
December 22, 2025
0

Saudi Arabia’s Defence Minister Prince Khalid bin Salman bin Abdulaziz has conferred the King Abdulaziz Medal of Excellent Class on...

Imran Khan Case

Imran Khan, Bushra Bibi sentenced 17 years.

by Anum Arif
December 20, 2025
0

Presided over by Special Judge Central Shahrukh Arjumand, the court delivered the verdict after reviewing evidence and prosecution arguments. Bushra...

World Bank New

World Bank Approves $700m Financing for Pakistan

by Anum Arif
December 20, 2025
0

According to a statement issued on Saturday, the PRID-MPA is a results-based program that will disburse funds only after agreed...

Panda Bond

Pakistan Nears Launch of First-Ever Panda Bond

by Anum Arif
December 19, 2025
0

Pakistan has made significant progress toward issuing its first-ever Panda Bond, marking a major milestone in the country’s efforts to...

Pak and Australia

PM Shehbaz Seeks Stronger Trade Ties with Australia

by Anum Arif
December 19, 2025
0

Prime Minister Shehbaz Sharif on Friday welcomed the positive trajectory of Pakistan-Australia relations and underscored the importance of expanding bilateral...

Justice Jehangiri

IHC Orders Removal of Justice Tariq Mehmood Jahangiri

by Anum Arif
December 18, 2025
0

The Islamabad High Court (IHC) on Thursday ordered the removal of Justice Tariq Mehmood Jahangiri from office, ruling that he...

Next Post
Gold

Increment in the Gold Rates in Pakistan

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters