Govt taking steps to control prices: Gilani

Prime Minister Syed Yusuf Raza Gilani said on Sunday that the government was taking steps to control prices of essential commodities.

The Prime Minister said this during a visit to Sunday Bazaar at Aabpara here.

The PM inquired about supply and prices of basic items from shopkeepers and citizens.

He said he has directed the authorities to strictly monitor rates at shops.

Gilani underlined the need for making price control committees more effective.

He said Pakistan was facing a unique environment as it suffered an earthquake, then prices shot up with recession in global economy and then it was hit by floods.

Political and economic stability are interlinked and the world is made aware of the situation and it has come to the aid of Pakistan, he added.

The Prime Minister said the government has to increase the tax base and cut down expenditure when the international community is providing financial assistance to Pakistan in floods with its taxpayers’ money.

“We have freezed the government expenditure at last year’s level and expect similar measures from provinces.”

Gilani recalled that the government inherited water and power crises from the previous government.

Now plans are afoot to generate and ensure 100 percent provision of electricity to industry as part of its strategy to create jobs, he explained.

He stressed that the government was looking for more trade opportunities and not aid and the European Union had given some relaxation increasing access of Pakistan’s products to its markets.

He avoided commenting on a question about the legal implications of article 248 regarding Swiss cases and said nobody wanted the government to fail and it would protect the institutions.

Minister for Information and Broadcasting Qamar Zaman Kaira accompanied the Prime Minister.