PM Imran Khan calls urgent session on rising inflation in country: sources

ISLAMABAD: Keeping in mind the fast changing market situations across the board in Pakistan in the wake of petrol price hike and rupee depreciation, Prime Minister Imran Khan has reportedly convened an urgent huddle on Monday to diffuse the situation, ARY News reported.

The huddle will discuss the ways to resolve mounting pressure on the people and to hammer out policies to curb inflation in the ongoing state of affairs.

According to the source privy to the matters, the session will be chaired by PM Imran Khan and it is to take full account of the sitauation at hand and to find ways to circumnavigate the cascading effects of petrol price hike.

The ministers will be advised to keep close to provincial ministries and local officials to chart out better ways to extend relief to people, the sources said.

Milk price to go up by Rs45 per liter this week, says Shakir Gujjar

Pertinent to note that earlier today, Dairy and Cattle Farmers Association (DCFA) president Shakir Umar Gujjar said that Oct 22 the dairy milk prices will go up by Rs40- to 45, while he spoke to ARY News morning show, lamenting that no coordinated efforts were made in the past 70 years to help dairy industry.

He said the real price the principal dairy product should be sold at is Rs155 per liter, noting in the first phase Sindh markets will see the hike which will later be implemented in Punjab next.

The DCFA president said if the government wanted the prices could be much lower but the fodder and essentials for our cattle are mostly exported leaving the market very inflated for local consumers.