Finance Ministry Spokesman Muzammil Aslam Thursday said that the fuel and electricity subsidy package would remain apply till the next four months and consumer inflation was bring down 2.2pc in month of February as compared to the previous months. Talking to a private news channel, he said the government under the directions of Prime Minister Imran Khan had announced a cut in fuel and electricity prices despite a steep global rise in the cost of oil which would provide a relief to common man.
He said that the government was taking additional to keep consumer inflation under control, adding, all taxes on petrol had been abolished and that all benefits from the reduction in oil prices was being transferred to people.
Replying to a question, he said that his government has launched several programmes including Kamyab Jawan, Ehsaas Rashan and Kamyab Pakistan and medium as well as long term plans should be made so that crises do not come again.
If the international market witnesses a hike in prices, the government will have to shift the prices again, he said, adding, all indicators were right now moving on the right direction and if the global inflation subsides in next months, the country’s growth would boost rapidly.—APP
