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Tarin Directs For Keeping Prices In Check During Eid-ul-Adha

ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin Monday directed the concerned departments and district administrations to take administrative measures to keep the prices of essential items including vegetables in check on the occasion of upcoming Eid-ul-Adha to eliminate undue profiteering.

The minister was chairing the meeting of National Price Monitoring Committee (NPMC) here, according to press statement issued by the Finance Ministry.

Federal Minister for National food Security and Research, Syed Fakhar Imam; Advisor to the Prime Minister on Commerce, Abdul Razak Dawood; SAPM on Finance and Revenue, Dr. Waqar Masood; Secretaries of Finance Division, Industries and Production, and National Food Security & Research participated in the meeting which was also attended by Chairman FBR, Provincial Chief Secretaries, MD PASSCO, MD Utility Store Corporation, Chairman CCP, Deputy Commissioner, Islamabad and other senior officers of the Finance Division participated in the meeting.

The Minister constituted a working group under the umbrella of NPMC to workout measures for bringing price stability in basic commodities by using mystery shopping exercise and building strategic reserves of key commodities namely wheat, sugar, pulses, ghee, tomatoes, onions and potatoes in order to eliminate undue profit margins and ensure availability of items of daily use at affordable prices across the country.