NPMC Tell Stakeholders to Control Food Price Fluctuations

control-food-price-fluctuations

The National Price Monitoring Committee (NPMC) convened on Thursday to assess the prices of essential commodities and issued directives to relevant stakeholders to ensure food price stability for the benefit of the general public.

Chaired by Muhammad Sami Saeed, the Minister for Planning Development & Special Initiatives, the meeting was attended by key figures, including Awais Manzur Sumra, the Secretary of the Planning Ministry, the Chief Statistician from the Pakistan Bureau of Statistics (PBS), the Chief Economist of Pakistan, representatives from all provinces, the Federal Board of Revenue (FBR), the Ministry of Food Security & Industries, and other pertinent stakeholders.

During the meeting, officials from PBS presented a comprehensive briefing, sharing vital price and inflation data. Furthermore, representatives from Punjab, Khyber Pakhtunkhwa, Sindh, and Balochistan provided updates on the current production and supply status of wheat, sugar, and other essential commodities, which were reported to be satisfactory.

The Minister underscored a zero-tolerance policy toward collectors and profiteers and directed provincial governments to mobilize their respective Commissions, Deputy Commissioners, and Magistrates to combat hoarding.

PBS also presented its APP access, a tool to monitor prices across the country, and the meeting stressed the significance of minimizing the price difference between wholesale and retail items. Stakeholders were instructed to reduce this margin to maximize relief for the common man, aligning with the committee’s commitment to making essential commodities affordable and accessible to the public.

Ammara Ahmed

Ammara Ahmed

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