Provincial govts urged to ensure smooth supply of essential items

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh Monday emphasized upon the provincial governments to ensure smooth supply of essential items to the masses.

Chairing the meeting of National Price Monitoring Committee (NPMC), the advisor also urged the need for taking necessary administrative measures to reduce high profit margin between Wholesale and Retail levels.

He held a detailed discussion with the Provincial Chief Secretaries regarding position of wheat and Sugar stocks in the provinces and it was informed that at present, sufficient quantities were available to meet existing demand.

“It is our responsibility to ensure availability of the essential items for the consumers at affordable prices,” he stressed, according to press statement issued by the Finance Ministry.

Shaikh expressed satisfaction over declining price trend in wheat flour, sugar, onion and tomatoes in the month of November as compared to October 2020.

He, however, appreciated the efforts being taken by all the federal ministries, provincial governments and other relevant stakeholders for price control.

He added the same momentum must be maintained to provide maximum relief to the general public and stressed that the provincial governments should workout plan to ensure smooth supply of perishable items to avoid any undue price hike.

The NPMC reviewed the price trend of the essential commodities namely wheat flour, sugar, tomatoes, onions, vegetable ghee, potatoes and chicken on weekly basis.

The finance secretary while presenting the price trend of essential commodities informed that according to latest SPI released by PBS, there is decline in the prices of 10 essential commodities for instance wheat flour, sugar, onions, tomatoes and chicken while the prices of 11 commodities have increased slightly. Price of 30 items remained stable. - APP ��Q