Minister of State for Information and Broadcasting, Farrukh Habib says government is making all-out efforts to mitigate the impact of increased prices of commodities at the international market.

Talking to media outside Parliament House along with Minister for Finance Shaukat Tarin, he said that provinces have responsibility in controlling prices of commodities.

He said the government is working on food security as ten new dams are being built by the present regime and over thirteen million acre land would be irrigated.

Farrukh Habib said with production of new dams 10000 mega watts power would be added in the system which would help reduce power tariff.

The Minister of State for Information and Broadcasting said, for the first time Pakistan has started producing olive which is being produced in Potohar, Waziristan and Balochistan.

He said interest free loans under Kamyab Jawan program would be given in backward areas of Khyber Pakhtunkhwa, Balochistan, Gilgit-Baltistan, Punjab and Sindh.

Speaking on the occasion, Federal Minister for Finance and Revenue, Shaukat Tarin reiterated that government is absorbing impact of decade’s highest price-hike at international level to provide relief to people through various measures including direct food subsidy to the poor.

He said Covid-19 pandemic has triggered price hike all across the globe, however, the government did not pass on all this impact to people.

The Minister said Pakistan is at 17th number among the countries providing the commodity at the lowest prices, saying the majority of other sixteen countries having lowest prices than Pakistan were oil-producing countries.

Shaukat Tarin said direct subsidy will be provided to the deserving people on essential items like flour, ghee, sugar and pulses. He said agriculture is also being focused to grow food items locally to meet the demands.