AIRLINK 79.41 Increased By ▲ 1.02 (1.3%)
BOP 5.33 Decreased By ▼ -0.01 (-0.19%)
CNERGY 4.38 Increased By ▲ 0.05 (1.15%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 76.87 Decreased By ▼ -1.64 (-2.09%)
FCCL 20.53 Decreased By ▼ -0.05 (-0.24%)
FFBL 31.40 Decreased By ▼ -0.90 (-2.79%)
FFL 9.85 Decreased By ▼ -0.37 (-3.62%)
GGL 10.25 Decreased By ▼ -0.04 (-0.39%)
HBL 117.93 Decreased By ▼ -0.57 (-0.48%)
HUBC 134.10 Decreased By ▼ -1.00 (-0.74%)
HUMNL 7.00 Increased By ▲ 0.13 (1.89%)
KEL 4.67 Increased By ▲ 0.50 (11.99%)
KOSM 4.74 Increased By ▲ 0.01 (0.21%)
MLCF 37.44 Decreased By ▼ -1.23 (-3.18%)
OGDC 136.70 Increased By ▲ 1.85 (1.37%)
PAEL 23.15 Decreased By ▼ -0.25 (-1.07%)
PIAA 26.55 Decreased By ▼ -0.09 (-0.34%)
PIBTL 7.00 Decreased By ▼ -0.02 (-0.28%)
PPL 113.75 Increased By ▲ 0.30 (0.26%)
PRL 27.52 Decreased By ▼ -0.21 (-0.76%)
PTC 14.75 Increased By ▲ 0.15 (1.03%)
SEARL 57.20 Increased By ▲ 0.70 (1.24%)
SNGP 67.50 Increased By ▲ 1.20 (1.81%)
SSGC 11.09 Increased By ▲ 0.15 (1.37%)
TELE 9.23 Increased By ▲ 0.08 (0.87%)
TPLP 11.56 Decreased By ▼ -0.11 (-0.94%)
TRG 72.10 Increased By ▲ 0.67 (0.94%)
UNITY 24.82 Increased By ▲ 0.31 (1.26%)
WTL 1.40 Increased By ▲ 0.07 (5.26%)
BR100 7,506 Increased By 12.9 (0.17%)
BR30 24,683 Increased By 124.5 (0.51%)
KSE100 71,971 Decreased By -80.5 (-0.11%)
KSE30 23,749 Decreased By -58.8 (-0.25%)

ISLAMABAD: Minister for Information and Broadcasting Fawad Chaudhary has stated that the primary reason behind increase in import bill was that the country imported US$2 billion vaccine for coronavirus, adding that inflation is showing declining trend in the country.

While briefing the media along with Minister of State for Information Farrukh Habib after the cabinet meeting presided over by the prime minister, Fawad Chaudhary said that the federal cabinet was informed on Tuesday that the omicron cases in the country are increasing as virus has started reaching the country.

The minister said that the Minister for Planning, Development and Reforms and head of the NCOC and Dr Faisal Sultan, Special Assistant to the Prime Minister on Health briefed the cabinet about the corona situation in the country.

The meeting was informed that it seems omicron has started reaching in Pakistan and corona cases are increasing, said the minister for information, adding that the reason behind the increase in the country’s import was US$2 billion corona vaccine import.

Govt spent Rs250 billion on vaccine procurement in 2021: Asad Umar

The minister said inflation is showing a declining trend as prices of onion, potato and other essentials commodities have declined in December end 2021 as compared to the same period a year ago; however, he added chilli powder price has increased during the period under review.

The minister also flayed the Sindh government and stated that despite tall claims, the provincial government did not import corona vaccine and the federal government provided Rs111 billion additional to Sindh government for the vaccine and Ehsaas programme. He said that the Punjab government has been injecting Rs400 billion in the health cards, whereas, the Sindh government has not shown any interest. The minister said that the health cards would be for families. He underlined the need for private-public partnership in the health sector.

He said that the federal cabinet also directed the Ministry of Science and Technology to take measures for providing EVM to the Election Commission of Pakistan (ECP) and procure EVMs for local government election in the Islamabad Capital Territory. The minister said that the federal government has also approved submission in the National Assembly contingent liabilities statement associated with the Supplementary Finance Bill.

Jul-Oct import bill soars 64pc to $25.1bn YoY, Senate told

The federal cabinet also approved appointment of Nadar Mumtaz Warriach as chairman Karachi Ports Trust, and reorganization of the Pakistan Tobacco Board was also approved.

The federal cabinet also approved an agreement between the CPEC Authority, Pakistan and the Ministry of Climate Change, China regarding 3,000 solar power systems for use of residents in Gwadar. Fawad Chaudhary said that the Election Commission of Pakistan’s finding into the foreign funding case has vindicated the Pakistan Tehreek-e-Insaf (PTI) and now the PTI wanted that the ECP should present other political parties cases to the scrutiny committee.

He alleged that the PML-N chief has used his party’s account for money laundering.

Farrukh Habib said that neither the PML-N nor the PPP has provided record of Rs45 Crore and Rs35 Crore, respectively, received in their accounts, while these parties did not disclose some of their accounts in the assets filed with the ECP.

Fawad Chaudhary said that the PTI is being funded through its workers spread all over the world and out of 27 accounts of the party, eight bank accounts are non-functional and four accounts were not of the party.

Copyright Business Recorder, 2021

Comments

Comments are closed.