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Shehbaz orders immediate steps to control inflation

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Closed power plants to start functioning by Eid

Prime Minister Shehbaz Sharif, while expressing concerns over worrisome economic indicators, on Thursday ordered immediate steps to control inflation in the country.

PM Shehbaz chaired a meeting where he was briefed on the prevailing economic situation of the country by the Ministry of Finance. The meeting was attended by PML-N leaders Shahid Khaqan Abbasi, Ahsan Iqbal, Miftah Ismail, Zubair Umar, party spokesperson Marriyum Aurangzeb and others, including authorities concerned. During the meeting, Shehbaz said that efforts are being made on an emergency basis to make the country economically strong. He directed his economic team to prepare a detailed strategy for relevant reforms. “Steps should be taken to improve the economic condition of the common man in any case,” the premier said. Moreover, he also issued directives for efforts to be made on priority basis to control inflation. Meanwhile, chairing Power Division’s meeting held to devise a strategy to

bring down prices of petroleum products and control power outages, Shehbaz Sharif said that all possible steps would be taken to provide relief to the people.

During the meeting, the Ministry of Energy presented the charge sheet of the former government’s “incompetence” to the prime minister. It also presented the document over energy and power load shedding. Sources privy to the matter said that the premier was informed during the meeting that there was no shortage of electricity in the country.

 

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