File Photo: PM Imran Khan addressing the nation on Thursday about the prevailing political situation: Photo grabbed from tv screen

PM Khan announces mega relief package to mitigate inflation

Monitoring Desk :

Prime Minister Imran Khan while addressing the nation on Wednesday announced Mega Relief package to mitigate inflation in the country. Our Government was stabilizing the economy but corona came and destabilized the world’s economy, the PM said. Whole world appreciated Pakistan’s role to cope with COVID-19, he further added.

The govt is well aware of issues faced by people and is trying its level best to provide relief. Speaking about inflation the Premier announced a six months mega relief package to mitigate inflation. According to the PM the government will provide thirty percent subsidy on major food items like ghee, pulses and flour.

Imran Khan acknowledged inflation and said that the opposition and media has the right to critcise govt. However, he mentioned that prices haven’t only increased in Pakistan but are on peak throughout Pakistan.

Quoting rising inflation figures in Europe and the US, the premier said oil prices had risen by 100 per cent in the last 3-4 months internationally, while they had increased 33pc in Pakistan.

“When you say petrol is expensive, it is the cheapest in Pakistan, but we will have to increase the price because otherwise our deficit will increase and we will be further burdened by debt,” he added.

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Quetta Voice is an English Daily covering all unfolding political, economic and social issues relating to Balochistan, Pakistan's largest province in terms of area. QV's main focus is on stories related to education, promotion of quality education and publishing reports about out of school children in the province. QV has also a vigilant eye on health, climate change and other key sectors.