Minister for Finance and Revenue Shaukat Tarin says a multi-pronged approach is being followed to bring ease in the lives of the poor as per the vision of Prime Minister Imran Khan.

Presiding over the meeting of the National Price Monitoring Committee in Islamabad today (Monday), he said different schemes and incentives have been rolled out and many more are on the cards to uplift the lives of common people.

The Minister said recently presented Federal Budget 2021-2022 is practical manifestation of pro poor approach of the government. He said prices of commodities of daily use have direct impact on lives of common people.

He said that National Price Monitoring Committee should adopt a comprehensive and pro-active strategy to minimize the gap of prices between grower and retailers. This reduction in gap will significantly lower the prices of the essential commodities for end users.

During the meeting the Secretary Finance briefed that the weekly SPI decreased by 0.59 % during the last week.

A week earlier the weekly Sensitive Price Indicator declined by 0.61 percent. It is the third consecutive week that SPI is declining. He further briefed the meeting that the prices of 09 items declined during last week. The prices of 28 items remained stable while prices of 14 items saw slight upward trend.