ISLAMABAD: According to The Express Tribune, Deputy Prime Minister and Foreign Minister Ishaq Dar chaired a cabinet committee meeting reviewing stocks and prices of essential commodities.
The Foreign Ministry said the committee was told stocks were adequate to meet domestic demand, no shortages were expected and prices were stabilising. Dar directed authorities to closely monitor supply chains and prices and warned of strict action against hoarding and overpricing.
The report notes that annual inflation eased to 10.3 percent in September from 11.1 percent in August. However, the Sensitive Price Indicator rose 11.97 percent year-on-year in the week ending October 8, and a 20kg bag of wheat flour rose 5.69 percent in a week to Rs2,851.
The meeting was attended by the federal ministers for food security and climate change, Special Assistant to the PM Tariq Bajwa and federal and provincial officials.
More on The Express Tribune.
