Submit News
Dialogue Pakistan
No Result
View All Result
  • Citizen Journalism
  • News
  • Videos
  • Features
  • In Pictures
  • Lifestyle
  • Urdu
  • Citizen Journalism
  • News
  • Videos
  • Features
  • In Pictures
  • Lifestyle
  • Urdu
No Result
View All Result
Dialogue Pakistan
No Result
View All Result

Hafeez says inflation rate in the country to come down gradually

Web Desk by Web Desk
February 4, 2020
in News
0
Hafeez says inflation rate in the country to come down gradually
2
SHARES
21
VIEWS
Share on FacebookShare on Twitter

Advisor to Prime Minister on Finance and Revenue Hafeez Sheikh said on Monday that the inflation rate in the country will lower down gradually. The advisor said that the federal government had taken a number of steps to decrease prices of several utilities.

“The nation will see that soon the prices start falling down”, he added.

Hafeez Shaikh said the government did not borrow money from State Bank of Pakistan (SBP) to control inflation, in addition to decreasing budget deficit by reducing unnecessary spending. Proposing the provinces to play their role in controlling inflation, he said issues of hoarding and profiteering need to be tackled by administrative action.

Read More: White flour sack price increased by Rs 200

He said to a query that the prices of food items that of fresh vegetables increased as a result of seasonal changes and hoped that the prices would fall in the days to come. He said that decision was also made to import wheat in a bid to control inflation.

He said the rupee-dollar parity had become stable now because of careful measures taken by the government. The advisor said investors from all over the world came to Pakistan due to the country’s stability and peace, and wanted to take advantage of the country’s huge opportunities.

Read More: Commissioner fixes price for naan in Karachi

He said the government had doubled the funding for Ehsaas program in collaboration with the IMF, in addition to providing a Rs 7 billion package for Utility Stores Corporation to provide subsidized rates for the poor with items of daily use. He said the government supplied 72 per cent of electricity consumers along with subsidies.

Tags: dr hafeez sheikhEconomyInflationprices
Previous Post

Pakistan and Malaysia agree to build strong economic partnership

Next Post

36 international skiers arrive in Pakistan

Next Post
ski

36 international skiers arrive in Pakistan

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

ECP

PML-N decides to approach top court over delay in appointment of ECP members

1 year ago
History has taken a catastrophic turn says  former IAS officer Shah Faesal

History has taken a catastrophic turn says former IAS officer Shah Faesal

1 year ago

Popular News

  • FIA team raids, interrogates at software house for 10 hours in Karachi

    FIA team raids, interrogates at software house for 10 hours in Karachi

    175 shares
    Share 70 Tweet 44
  • Javed Afridi announces plan for running Peshawar-Karachi bullet train

    46 shares
    Share 18 Tweet 12
  • Navin Waqar opens up about being single

    23 shares
    Share 9 Tweet 6
  • Sandal Khattak, Hareem Shah identity revealed

    1405 shares
    Share 590 Tweet 340
  • It’s unfair that you eat Papa John’s pizza, offer us just tea, water: Fazl

    12 shares
    Share 5 Tweet 3

Dialogue Pakistan

Citizen Journalism is the collection, dissemination and analysis of news by the people for the people especially by the means of internet. Dialogue Pakistan is the country's first citizen journalism portal to provide Pakistanis an opportunity to get themselves heard aiming to encourage citizen journalism inculcated with ethical values.

Category

  • Audio
  • Citizen Journalism
  • Documentaries
  • Feature Videos
  • Features
  • In House Videos
  • IN PICTURES
  • Lifestyle
  • Mobile Footage
  • New Catagory
  • News
  • News Roundup
  • Pakistan Super League
  • Photo Journalism
  • Press Conferences
  • Special Feature
  • Sports
  • Videos

Quick Links

  • About
  • Advertise
  • Careers
  • Contact

Follow us on

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2020. Dialogue Pakistan. All Rights Reserved.
Web Development & Social Media Management by Digital Otters

No Result
View All Result
  • Citizen Journalism
  • News
  • Videos
  • Features
  • In Pictures
  • Lifestyle
  • Urdu

Copyright © 2020. Dialogue Pakistan. All Rights Reserved.
Web Development & Social Media Management by Digital Otters