AGL 37.89 Decreased By ▼ -0.26 (-0.68%)
AIRLINK 124.10 Increased By ▲ 2.59 (2.13%)
BOP 5.67 Decreased By ▼ -0.18 (-3.08%)
CNERGY 3.75 No Change ▼ 0.00 (0%)
DCL 8.55 Increased By ▲ 0.15 (1.79%)
DFML 40.48 Decreased By ▼ -0.41 (-1%)
DGKC 87.10 Increased By ▲ 2.50 (2.96%)
FCCL 33.98 Increased By ▲ 1.28 (3.91%)
FFBL 66.01 Increased By ▲ 0.51 (0.78%)
FFL 10.20 Increased By ▲ 0.15 (1.49%)
HUBC 104.45 Increased By ▲ 0.65 (0.63%)
HUMNL 13.45 Increased By ▲ 0.20 (1.51%)
KEL 4.78 Increased By ▲ 0.35 (7.9%)
KOSM 6.84 Decreased By ▼ -0.25 (-3.53%)
MLCF 38.84 Increased By ▲ 1.34 (3.57%)
NBP 60.35 Increased By ▲ 0.10 (0.17%)
OGDC 179.65 Increased By ▲ 7.40 (4.3%)
PAEL 24.97 Increased By ▲ 0.17 (0.69%)
PIBTL 5.71 Increased By ▲ 0.01 (0.18%)
PPL 153.00 Increased By ▲ 11.31 (7.98%)
PRL 22.79 Increased By ▲ 0.07 (0.31%)
PTC 14.91 Increased By ▲ 0.17 (1.15%)
SEARL 66.85 Increased By ▲ 2.29 (3.55%)
TELE 7.01 Decreased By ▼ -0.13 (-1.82%)
TOMCL 35.70 Increased By ▲ 0.20 (0.56%)
TPLP 7.32 Increased By ▲ 0.03 (0.41%)
TREET 13.99 Decreased By ▼ -0.21 (-1.48%)
TRG 50.95 Decreased By ▼ -0.80 (-1.55%)
UNITY 26.40 Decreased By ▼ -0.20 (-0.75%)
WTL 1.23 Increased By ▲ 0.01 (0.82%)
BR100 9,717 Increased By 233.5 (2.46%)
BR30 29,237 Increased By 866.2 (3.05%)
KSE100 90,860 Increased By 1893.1 (2.13%)
KSE30 28,458 Increased By 630.4 (2.27%)

ISLAMABAD: Markazi Tanzeem-e-Tajiran Pakistan (MTTP) Thursday categorically rejected the government claims that traders were responsible for rising inflation in the country.

Addressing a press conference MTTP President Muhammad Kashif Chaudhry said that flawed economic polices of the government and those who were sitting in the government were responsible for the rising inflation in the country.

"Sugar, flour and medicine mafias were not among the traders but they were sitting in the government," he said.

He said that the government leveled allegations against traders to hide their incompetence.

He said that Prime Minister Imran Khan always talked about mafias in his speeches.

"If the prime minister has knowledge about mafias responsible for increasing inflation then why he is not arresting them to bring them before the public," he said.

Chaudhry said that such hollow slogans of the prime minister would play no role in decreasing inflation in the country.

If government wants to control inflation then they should decrease prices of electricity, gas, reduce taxes as well as reduce cost of production, he said.

He alleged that the government had become a facilitator of hoarders and inflation mafia.

The MTTP president said that there was no need to conduct raids in various markets for price checking or decreasing inflation. If the government is serious then they should ensure sufficient availability of sugar, flour and other edibles, and we will sell it without profit, he said. He said that sealing and imposing fine on traders in the name of price control was not acceptable. About Tiger Force, he said that Tiger Force was unconstitutional, illegal force, and a political force.

Copyright Business Recorder, 2020

Comments

Comments are closed.