F.P. Report
ISLAMABAD: On Monday, Prime Minister Imran Khan held a meeting to discuss the economic progress and situation of the country, wheat procurement process and ways to diminish the prices of essential commodities.
During the meeting Prime Minister Imran Khan instructed the government’s economic team to suggest out-of-box and effective solutions for dropping the burden of indirect taxes and also directed them to ensure balance between the state revenue and expenditure.
He also directed the finance minister to minutely look into wheat procurement process and various administrative costs that were contributing towards raising the price of wheat.
The prime minister was presiding over a meeting here on the steps to bring down the prices of essential commodities.
Regarding the duty structure, SAPM Dr Waqar Masood briefed the prime minister about duty structure on imported edible oil and pulses etc. Moreover he presented a comparative analysis with other regional countries.
The prime minister commented on the matter and reiterated that his foremost priority was to provide maximum relief to the poor segments of society, he also said that every effort should be made to lessen the burden of indirect taxes and provide relief to the people.
Pointing out wheat and flour prices, the prime minister instructed the team that every single penny, being spent on unnecessary administrative expenditures, must be saved.
The meeting was attended by federal ministers, advisors, special assistants to the PM (SAPMs) and senior government officials, a press release issued by the PM Media Wing here said.
Finance Minister Dr Abdul Hafeez Sheikh told the prime minister that a comprehensive and efficient plan was being prepared for wheat procurement and rationalization of administrative costs involved in the process.
PM rejects OGRA’s proposal for petrol price hike by Rs 14.07: Prime Minister Imran Khan Monday rejected a summary of Oil and Gas Regulatory Authority (OGRA) proposing an increase of Rs 14.07 in petrol price, in order to provide relief to the masses.
The Oil and Gas Regulatory Authority (OGRA) had proposed an increase of Rs 14.07 in petrol price, Rs 13.61 high speed diesel, Rs 10.79 kerosene and Rs 7.43 light diesel.
The prime minister rejected the regulator’s summary keeping in view the public relief, a PM Office press release said.
The prime minister assured the people that the government would go to any extent to provide relief to them.
