Minister slams Centre over skyrocketing price hike

KARACHI: Provincial Minister for Industries and Commerce and Anti-Corruption and Cooperative Department Jam Ikramullah Dharejo, while expressing concern over the news of increase in inflation and decrease in investment and exports, has said that the increase in petroleum products up to Rs 20 was a matter of concern.

The prices of essential commodities, including flour, ghee, pulses, eggs and meat, had skyrocketed, making the lives of the poor miserable, he said in statement here on Saturday. Dharejo further said that due to incompetence of ‘selected rulers’ and poor economic policies, inflation and poverty had skyrocketed and suicides had risen among the poor.

He said that the people were suffering from psychological problems due to rising prices while unemployment was on the rise due to load shedding of gas and electricity. He was of the opinion that the federal government was not taking any notice of the current situation.

On the other hand, federal ministers and spokespersons had been harping the same music. Dharejo said that the federal government should take the nails of conscience. “Fear the wrath of God. Investment has also declined due to the incompetence of the federal government. Both the public and the industrialists are worried,” the minister concluded.