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Finance Minister Directs CCP to Expedite Inquiry into Chicken Price Hike

Finance Minister Directs CCP to Expedite Inquiry into Chicken Price Hike
Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the meeting of the National Price Monitoring Committee (NPMC) at the Finance Division today.
The NPMC reviewed the price trend of essential commodities, especially wheat flour, sugar edible oil/ghee, pulses, and chicken, during the last week. While briefing the NPMC about weekly SPI, the Finance Secretary apprised that prices of seven items registered a decline, whereas 19 remained stable during the week under review.
While reviewing the current price trend of chicken, the representatives of the Provincial governments reported that the surge in the prices of chicken is driven by the gap in supply and demand. The poultry farmers have suffered losses over the last few months due to COVID-19 relating to supply disruption and poultry disease, which fuelled poultry prices. ....

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Weekly SPI up by 0.11%

Weekly SPI up by 0.11%
December 28, 2020
ISLAMABAD, Pakistan: The Federal Minister for Finance & Revenue Dr. Abdul Hafeez Sheikh chaired a Virtual Meeting of the National Price Monitoring Committee (NPMC) in Islamabad on Monday to review the price trend of essential commodities.
The meeting was attended by the Minister for Industries & Production Hammad Azhar, the Prime Minister’s Special Assistant on Revenue Dr. Waqar Masood, the Provincial Chief Secretaries, the Secretary Planning Development & Special Initiatives, the Secretary Industries & Production, the Chairman Federal Board of Revenue (FBR), the Additional Secretary at the Ministry of National Food Security & Research (MNFS&R), the Joint Secretary Commerce, the Chairperson Competition Commission of Pakistan (CCP), the Chairman Corporation of Pakistan (TCP), the Managing Director PASSCO, the Managing Director Utility Store Corporation (USC), the Member Pakistan Bureau of Statistics (PBS), and Senior Officers o ....

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Weekly SPI registers 0.22% decline

Weekly SPI registers 0.22% decline
December 21, 2020
ISLAMABAD, Pakistan: The Federal Minister for Finance and Revenue Dr. Abdul Hafeez Sheikh chaired the meeting of the National Price Monitoring Committee (NPMC) in Islamabad on Monday.
The Prime Minister’s Adviser on Commerce Abdul Razaq Dawood, the Prime Minister’s Special Assistant on Revenue Dr. Waqar Masood, the Secretary at the Ministry of National Food Security & Research (MNFS&R), the Special Secretary Commerce, the Additional Secretary Industries and Production, the Chairman Federal Board of Revenue (FBR), the Provincial Chief Secretaries, the Managing Director PASSCO, the Managing Director Utility Stores Corporation (USC), the Chairperson Competition Commission of Pakistan (CCP), the Chairman Trading Corporation of Pakistan (TCP), the Member Pakistan Bureau of Statistics (PBS), and Senior Officials of the Finance Division participated in the meeting. ....

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