ISLAMABAD: Prime Minister Imran Khan Wednesday announced “country’s biggest ever” subsidy package worth Rs 120 billion providing 30% discount on ghee, flour and pulses to support 130 million people for ebbing away the impact of inflation from them.
The prime minister, in his address to the nation, said 20 million families would benefit from the subsidy package to be funded jointly by the federal and provincial governments.
Under the package, the beneficiaries would avail a 30% discount on the said three food commodities for next six months.
He said the subsidy package was apart from the ongoing different programs under Ehsaas Initiative worth Rs 260 billion affecting 120 million families.
He said a massive funding of fourteen billion rupees has been earmarked for Kamyab Pakistan Programme to support weaker segments of the society.
The Prime Minister said loans to the tune of thirty billion rupees have so far been disbursed under Kamyab Jawan Programme to help the youth earn their livelihoods.
The Prime Minister said health card is one of our flagship projects under which treatment up to one million rupees is allowed to the card holder.
He said entire population of Khyer Pakhtunkhwa has been provided with these health cards whilst this facility will be provided to the residents of Islamabad by December this year and to the entire population of Punjab by March next year.
Imran Khan pointed out that higher price of essential commodities is an international phenomenon. According to Bloomberg Commodity index, the prices of commodities have increased by fifty percent in one year time. However, inflation in our country is nine percent.