Islamabad (Web Desk): Prime Minister Imran Khan on Saturday said that the government will use all resources to bring food prices down.
“Starting Monday in coming week, our govt will use all the resources at the disposal of the state to bring down food prices,” the premier said in a tweet and added, “We are already examining causes of the price hikes: whether there is a genuine supply shortage or simply hoarding by mafias; smuggling, if any.”
Starting Monday in coming week, our govt will use all the resources at the disposal of the state to bring down food prices. We are already examining causes of the price hikes: whether there is a genuine supply shortage or simply hoarding by mafias; smuggling, if any;
— Imran Khan (@ImranKhanPTI) October 10, 2020
Rising food prices had pushed inflation to 10.7 percent in the last fiscal year, which is now projected to slow to 7.5 percent this fiscal year.