ISLAMABAD: Finance Minister Dr Abdul Hafeez Sheikh has directed the provincial governments and concerned agencies to continue monitoring the prices of essential commodities to enable them to supply essential commodities to the common man at reasonable rates. A meeting of the Price Monitoring Committee was held on Monday under the chairmanship of Federal Minister for Finance Dr. Abdul Hafeez Sheikh to review the fluctuations in prices of essential commodities including wheat, sugar, eggs and edible oil, the finance secretary told the meeting. As a result, prices of wheat and eggs have come down. The Finance Minister directed the provincial governments and concerned agencies to continue monitoring the prices so as to enable the supply of essential commodities to the common man at reasonable rates. Coin, Federal Minister for Industries and Production Hamad Azhar said that due to the increase in crushing activities this year, sugar production is expected to increase, which
He also spoke about the steps being taken to bring down the prices of edible oil and ghee. A representative of the Punjab government said that in the light of NPMC guidelines, the sugar market Concrete steps have been taken to eliminate the role of middle man. Sugar prices are stable in the province but in some areas there has been a slight increase in prices due to fog and weather conditions, said the Minister of Industry and Production. Appreciating the efforts of the Punjab government for elimination, a member of the Pakistan Bureau of Statistics presented a comparative review of the prices of essential commodities through the Live Dashboard. In order to facilitate decision making, the Federal Minister of Finance commended the effective monitoring of prices and strong decision making. He directed the Pakistan Bureau of Statistics to hold a meeting with the provincial governments to ensure that the prices of essential commodities in the provinces go up. The gap could be bridged with the new system To benefit the man as much as possible.