Finance Minister reiterates resolve to provide relief to lower strata

Minister for Finance and Revenue Miftah Ismail has reaffirmed government’s commitment to provide maximum relief to the people from continuously rising prices especially to the poor.

Presiding over a meeting on PM Relief Package through Utility Stores Corporation in Islamabad on Thursday, he stressed that present government aims to minimize the burden of rising prices on the lower segment of the society.

He directed the concerned ministries to work out on the proposals for targeted subsidy, in context of financial and subsidy impact, as per vision of the Prime Minister to support the lower strata of the society.

On the directions of the Prime Minister to provide immediate and substantial relief package to lower segments of the society through targeted subsidy, the Finance Minister invited the participants to present the pragmatic, highly effective and targeted subsidy proposals, in line with the vision of the Prime Minister.

The Federal Minister for Poverty Alleviation and Social Safety Shazia Marri and Federal Minister for Industries and Production Syed Murtaza Mahmud shared various proposals for harmonization of multiple subsidies under one umbrella for better allocation of resources on household basis rather than individual basis.

Leave a Reply

Your email address will not be published. Required fields are marked *