No hike in power and gas tariffs, decides cabinet

ISLAMABAD: The federal cabinet has decided in principle for not hiking prices of electricity and gas besides deliberating further steps for reducing inflation.

A meeting of the federal cabinet was held at the Prime Minister’s House under the chair of Prime Minister Imran Khan on Thursday to discuss 16-point agenda.

A detailed review was made over the government’s steps taken to reduce inflation, whereas the members have made a decision in principle for not hiking power and gas prices.

During the meeting, the premier directed concerned authorities for strict monitoring of commodities’ prices after the issuance of a relief package. It is also directed to devise a strategy for decreasing import levy to lessen prices of pulses, said sources.

Federal Minister Faisal Vawda raised the matter of affected children by metabolism disorder. PM Imran Khan issued orders to ensure the availability of life-saving nutrients after removing the ban on its imports. The premier ordered the health adviser to look into the matter.

Moreover, the matter related to the appointment of the Securities and Exchange Commission of Pakistan (SECP) commission and a briefing on parliamentarians’ inclusion in the Ehsaas programme was postponed.


Please enter your comment!
Please enter your name here

- Advertisment -

Must Read

Stocks eye peaks on vaccine progress, dollar near two-and-a-half-year low

LONDON: World stocks skirted towards record highs on Wednesday on the prospect of a coronavirus vaccine and additional US economic stimulus, though enthusiasm for...