ISLAMABAD: Prime Minister Imran has taken a notice of the price hike of the essential commodities in the country despite an enormous cut in the petroleum products and ordered the concerned authorities to take necessary action in this regard.
In a letter addressed to chief ministers and chief secretaries of four provinces, including Gilgit Baltistan, and also to his Adviser on Finance and Revenue Dr Abdul Hafeez Sheikh, the prime minister stressed that the benefit of price reduction of fuel be passed on to common man.
PM Khan also asked the National Price Monitoring Committee to monitor the prices of essential commodities on a weekly basis as already directed by the federal cabinet and devise a mechanism to bring down the prices of essential commodities, the letter read.
“The Prime Minister has instructed that the Chief Ministers, Chief Secretaries of the provinces shall personally look into the matter and make every effort to make sure that the impact of the reduction of fuel prices must correspondingly reflect in the prices of essential commodities on daily basis.”
“The Prime Minister has taken a serious view of the fact that while the federal government had reduced POL prices drastically in the past few months, there is no corresponding reduction in the prices of essential commodities rather these are showing an upward trend,” it added.
The prime minister mentioned that “there is no logic as to why flour prices should increase when harvesting of the wheat crop has just recently been concluded.”
The government had reduced the price of petrol by Rs 7.06 per litre for the month of June, with the new price fixed at Rs 74.52.
The price of kerosene has been cut by Rs 11.88 per litre and it will now be sold at Rs35.56 per litre. The price of high-speed diesel has been increased by five paisas per litre, marking the new price at Rs 80.15 per litre.
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