Govt to provide Rs6bn to Utility Stores Corporation to bring down prices of essential items

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Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Friday announced that the government will provide Rs6 billion to the Utility Stores Corporation (USC) to bring down the prices of essential commodities.

“The amount will substantially bring down the prices of flour, edible oil, sugar, rice and pulses,” she said in a tweet.

Dr Firdous said that the decision was taken by Prime Minister Imran Khan during a meeting he held to discuss ways to provide relief to the people and bring down prices of essential commodities.

This was reportedly the third consecutive meeting chaired by the premier on the issue in the last three days.

Earlier this week, PM Imran had asked USC officials to devise a relief package for selling five essential food items on discount.

According to reports, the five products will be available at 4,000 USC outlets across the country.

In addition to this, the prime minister has also called for establishing a ‘Special Cell’ in the Ministry of National Food Security; the cell will be responsible for assessing demand and supply of essential items.