ISLAMABAD, June 24: The Pakistan Tehrik-i-Insaaf (PTI) has expressed concerns over the sky-rocketing increase in prices of 15 kitchen items during last week in the light of the weekly price data released by the Federal Bureau of Statistics (FBS).

In a statement issued here on Sunday, political secretary to Chairman PTI Imran Khan, Saifullah Niazi has asked how could a poor man with an average monthly income of Rs3,000 to Rs5,000 make both ends meet when the prices of daily food items like rice, vegetables, pulses, vegetable ghee and oil show a constant upward trend.

After the steady rise in key food items during the last week, he said a poor man’s budget could no longer sustain an increase in the range of 11 to 16.5 per cent.

He demanded that a Price Regulatory Authority must be given adequate leverage to exercise its powers to control and at least keep prices stable if not bring them down. He suggested that a parliamentary committee comprising members from both the treasury and opposition benches should oversee the working of the Price Regulatory Authority.

Mr Niazi reminded that only a couple of weeks had passed since the announcement of the federal budget and now their tall claims of reducing prices stood fully exposed.

“Instead of alleviating the burden of its citizens, the government is following the economic policies which have compounded the problems of a common man,” he regretted.

He said that the truth was that in the absence of a system of checks and balances the socio-economic circumstances of the country will not improve. He said it was a pity that despite having necessary powers, the people at the helm of affairs had failed to delivers.

“The fat salaries of high government officials clubbed with high perks and facilities is no secret to anyone but they do not justify even half of their own privileges. They all believe in the policy of “take everything and give nothing,” Mr Niazi maintained.

Opinion

Editorial

Hasty transition
Updated 05 May, 2024

Hasty transition

Ostensibly, the aim is to exert greater control over social media and to gain more power to crack down on activists, dissidents and journalists.
One small step…
05 May, 2024

One small step…

THERE is some good news for the nation from the heavens above. On Friday, Pakistan managed to dispatch a lunar...
Not out of the woods
05 May, 2024

Not out of the woods

PAKISTAN’S economic vitals might be showing some signs of improvement, but the country is not yet out of danger....
Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...