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Home » Economics & Business, Pak Affairs

Govt. tries to reduce prices of items of daily use: Gilani

Submitted by Mubashar Nizam on September 26, 2010 – 4:18 pmNo Comment

ISLAMABAD: Prime Minister Syed Yusuf Raza Gilani has said that the government is endeavouring to reduce the prices of daily use goods and he has directed provincial governments to make effective efforts to control the prices. Talking to newsmen during his visit to Sunday Bazzar here, Prime Minister Syed Yousaf Raza Gillani said that price hike is a global phenomena and there is international recession.

He said Pakistan is passing through a unique atmosphere at it faced earlier earthquake, then the IDPs problem and now the floods. He said for economic stability, political stability is imperative in the country. The Prime Minister said that the international community is giving us assistance to cope with the war on terror and flood situation from their tax payers. Thus we have to enlarge our tax base and to reduce our expenditures. He said all the expenditures have been frozen on the last year by the federal and the provincial governments.

Mr. Gillani said that the electricity and water projects would be completed to provide hundred per cent jobs to our youth which would ultimately reduce the burden of the price hike. He said we have appealed to the world to provide us opportunity of trade and not aid. He said the European Union is specially relaxing its trade rules to give access to the Pakistan goods into their markets.

He said that government would protect all of its institutions. To a question about the controversial statement by the former Defence Production Minister Abdul Qayyum Jatoi, the Prime Minister said after his remarks he resided within few hours. Earlier, the Prime Minister visited various stalls Sunday Bazaar and met the consumers present in the Bazaar and inquired about their problems, prices and availability of items of essential commodities on fixed prices.

He also inquired about the problems of the stall holders in the bazaar. He also asked the Capital Development Authority officials regarding demand and supply position of various commodities and arrangements to ensure availability of these items on controlled rates. Minister for Information and Broadcasting Qamar Zaman Kaira also accompanied the Prime Minister. NNI

About Mubashar Nizam

Mubashar Nizam has written 595 articles on this journal.

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