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PM Imran Khan disapproves ghee value hike in Utility Shops



PM Imran Khan disapproves ghee price hike in Utility Stores

Ghee value in Utility Shops is not going to go up after Prime Minister Imran Khan stopped involved authorities from climbing them, Geo Information reported Wednesday, citing sources.

In line with the report, following the prime minister’s disapproval of the value hike, the finance minister additionally backed the premier’s resolution. “Ghee is people’s basic necessity; its price should not be increased.”

The Financial Coordination Committee (ECC) had earlier allowed a Rs30 improve within the value, however after PM Imran Khan’s directives, the commodity will probably be offered at Rs170 as an alternative of Rs200 per kg at Utility Shops.

Ghee subsidy, to cowl the associated fee, has been elevated at Utility Shops underneath the Ramadan bundle, sources added.

Individually, a Ramadan bundle value Rs7.6 billion was accepted by the ECC following a gathering chaired by Finance Minister Abdul Hafeez Shaikh.

In line with sources within the finance ministry, subsidies for 19 important gadgets on the Utility Shops Company (USC) have been accepted throughout the ECC assembly. As well as, technical grants for seven completely different establishments have been additionally greenlit.

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