The Sindh government has decided to establish separate police stations in all divisions in the province, including Karachi, as part of a global plan to take effective measures against prices.
A high -level meeting on the prices regulation of essential products took place, chaired by a special assistant from the Minister -in -IT, Waqar Mehdi, and a special assistant from the supplies, USMAN HANGORO.
The meeting was followed by the Secretary of Agriculture Sohail Ahmed Qureshi, Director General of the Shakir Qayyum Khanzada Shakir Qayyum, Legal Foods and other officials.
During the meeting, the Secretary of Agriculture and the DG Bureau of Supplies informed the managers of the measures to control the prices of essential goods. Waqar Mehdi said that the Sindh government had decided to establish these police stations to take strict measures against profiteers. The decision aims to stabilize the prices of essential goods and hoarding and overcurrent.
Waqar Mehdi also said that all warehouses would be recorded before Ramadan. He asked managers to provide special stands for essential products on the reduction markets and regulate fruit prices. In addition, all the cold storage in the Sindh plant markets will be recorded and monitored to prevent them from selling goods at higher prices.
Usman Hangoro said the jurisdiction of these police stations will cover the entire Sindh province and that they will be authorized to take measures against the profiteers. The newly established stations will include the staff of the supplies of supplies and the police service.
He also ordered that special surveillance tasks be allocated in the Sindh markets to quickly treat consumer complaints and ensure the justice of the public.
The meeting also decided to create special stands for spices at reduced prices on the Karachi reduction markets. All Pushcart sellers have been invited to display official price lists for fruits and vegetables.
During the briefing, the DG Bureau of Supplies reported that in the past three weeks, 272 units have been inspected in Karachi and fines amounting to 536,000 PKRs were imposed.
Meanwhile, Pakistan’s inflation rate dropped at a level of almost 2.4% by almost 2.4% in January, putting the central pressure under pressure to further reduce interest rates to a single figure by abandoning its extra-prudential monetary policy.
Although the rate of prices increase has been one of the lowest levels since November 2015, the Economic Coordination Committee (ECC) of the Cabinet “expressed its concerns concerning the rise in sugar prices, vegetables and edible oil “.
The Pakistan Bureau of Statistics (PBS) reported on Monday that inflation, measured by the consumer price index (IPC), took place at 2.4% in January compared to the same month of the year last.
The slow pace is aligned with the expectations of the federal government and independent analysts. It was the lowest price increase since November 2015, when reading was 2.7%. With the price of fees, the difference between the inflation of the securities and the key policy rate of the State Banque of Pakistan (SBP) widened to 9.6%.
The central bank reduced interest rates to 12% last week by a total decrease of 10% since the start of this fiscal year. However, the cost of the loan remains much higher than the inflation rates in force, indicating the prudent monetary policy of the Central Bank.
