Controlling inflation, price-hike priority of govt: PM

ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani on Tuesday said that controlling inflation and price-hike are the priority areas before the government for which all out efforts will be made.

The Prime Minister expressed these views during a meeting with Minister for Finance, Shaukat Tarin who called on him here at the PM House on Tuesday afternoon and briefed him on the overall economic situation in the country.

The Prime Minister further said that optimum utilization of available economic resources would greatly facilitate in achieving the requisite economic growth targets.

The government, he added, despite financial constraints has managed to ensure appropriate allocation of funds for various sectors which would bring about a change in the life of the people.

The Prime Minister underscored the importance of maintaining a focused approach and transparency at all levels in implementation of energy related plans in line with the government’s policy of good governance.

He directed the Minister for Finance to take the Parliament into confidence after receiving the report of the Asian Development Bank on Rental Power Projects.

Shaukat Tarin informed the Prime Minister that due to timely economic measures undertaken by the government, most of the economic indicators are showing positive trends.

He said that inflation has been brought down significantly and remittances are also on the rise. He further stated that forex reserves have also crossed the figure of US $15 billion. -APP

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