The National Price Monitoring Committee (NPMC) on Monday reviewed prices of essential food items. APP/File
ISLAMABAD: The National Price Monitoring Committee (NPMC) on Monday reviewed prices of essential food items and directed departments concerned to continue reviewing rates to ensure availability of cheaper products for end consumers.
The NPMC meeting chaired by Finance Minister Dr Hafeez Shaikh also directed the Ministry of Industries (MoI) to ensure the price decline of goods in the international market is passed on to end consumers.
Federal Minister for Industries Hammad Azhar, Special Assistant on Revenue Dr Waqar Masood and provincial chief secretaries among others attended the meeting.
National
January 19, 2021
ISLAMABAD: Amid the impending LNG availability crisis in February, 2021 on account of backing out by UAE based LNG supplier (ENOC) of its commitment to provide an LNG vessel next month, the top management of Jamshoro Joint Venture Limited (JJVL) has asked the Petroleum Division (PD) to comply with the ECC decision by letting its LPG extraction plant resume operation.
“Once JJVL’s LPG extraction plants comes on stream, it will start catering to the energy needs of over 750,000 homes across Pakistan. And this will also help contain the increasing LPG prices that have surged a lot mainly because of huge deficit of piped gas (local gas and RLNG) in the country,” unfolds the letter of JJVL written on Monday (January 18, 2021) to Special Assistant to PM on Petroleum Nadeem Babar.
National
January 19, 2021
ISLAMABAD: Amid the impending LNG availability crisis in February, 2021 on account of backing out by UAE based LNG supplier (ENOC) of its commitment to provide an LNG vessel next month, the top management of Jamshoro Joint Venture Limited (JJVL) has asked the Petroleum Division (PD) to comply with the ECC decision by letting its LPG extraction plant resume operation.
“Once JJVL’s LPG extraction plants comes on stream, it will start catering to the energy needs of over 750,000 homes across Pakistan. And this will also help contain the increasing LPG prices that have surged a lot mainly because of huge deficit of piped gas (local gas and RLNG) in the country,” unfolds the letter of JJVL written on Monday (January 18, 2021) to Special Assistant to PM on Petroleum Nadeem Babar.
A shop in Burnes Road’s vegetable market. Fahim Siddiqi / White Star
ISLAMABAD: Finance Minister Dr Hafeez Shaikh has directed the provincial governments to continue momentum of strict price evaluation for provision of basic items to masses at affordable prices.
He was chairing a meeting of the National Price Monitoring Committee (NPMC) on Monday and reviewed the price trend of essential commodities especially wheat, sugar, eggs and edible oil.
Federal Minister for Industries Hammad Azhar, Minister for National Food Security & Research Fakhar Imam, Special Assistant on Revenue Dr Waqar Masood also attended the meeting.
Secretary Finance Kamran Afzal briefed the NPMC that prices of wheat and eggs have registered downward trend due to coordinated and consolidated efforts of the provincial governments. However, the finance minister asked for further strict action.