Govt taking possible steps to protect public from adverse effect of global inflation: Prime Minister – Press Note issued by Ministry of Information and Broadcasting

Islamabad, March 01, 2022 (PPI-OT):Prime Minister Imran Khan has said the government is fully aware of the plight of the common man and is taking all possible steps to protect the people from the adverse of global inflation. In separate meetings with assembly members from Rawalpindi, Bahawalpur, Multan and Sahiwal divisions in Lahore, he said that the government has taken pro-people measures including 10 rupees reduction in the prices petrol and diesel per liter and 5 rupees per unit in electricity terrify.

The Prime Minister directed to strengthen their engagement with the people so that they could be made more aware of the various government schemes for socio-economic development, including Universal health coverage, Ration Raayat program and other measures.

He said that 100 percent tax exemption has been given to IT companies and freelancers for promotion of information technology and creation of employment opportunities for the youth. He said 100 percent exemption from capital gains tax has also been given for investment in IT startups.

Imran Khan said Under Kamyab Pakistan Program, subsidy of 407 billion rupees will be given on business loans during next two years. He said under the Ehsaas program, the monthly stipend has been increased from 12,000 to 14,000 rupees while graduate internship stipend has been increased from 30,000 rupees monthly allocating 38 billion rupees for 2.6 million scholarships in the country. The Prime Minister also directed MPAs to mobilize grassroots workers to ensure success in the forthcoming local body elections in the province.

For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557
Email: info@moib.gov.pk
Website: http://www.moib.gov.pk

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