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Hafeez directs provinces to monitor prices of essential commodities

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Staff Reporter
Islamabad

Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Sheikh on Monday chaired the weekly meeting of the National Price Monitoring Committee (NPMC) here in Islamabad.
NPMC reviewed the price trend of essential commodities especially wheat flour, eggs, chicken, sugar and edible oil during the week. Secretary finance briefed the committee about weekly SPI that recorded a slight increase of 0.81%, whereas prices of 06 items decreased and 21 items remained stable during the last week. He expressed satisfaction over the average per day releases by the provinces which were stable throughout the country.

Ministry of Industries and Production briefed the committee that approx. 80per cent crushing of sugarcane has been completed during the current season. The ministry further requested the respective provincial governments to provide projections regarding the future sugar requirement for effective planning during the year.

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