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Finance minister vows to stabilize prices, protect vulnerable households

by Sub News
September 11, 2025
Finance minister vows to stabilize prices, protect vulnerable households
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Islamabad, September 11, 2025: Finance Minister Senator Muhammad Aurangzeb on Thursday reaffirmed the government’s resolve to stabilize prices and shield vulnerable households from inflationary shocks, as the Steering Committee for Assessment of Inflationary Trends held its second meeting in Islamabad.

The committee, constituted by the prime minister to regularly monitor inflation, reviewed domestic and international factors affecting prices. Aurangzeb stressed that curbing inflation and ensuring price stability remained the government’s “top priority,” particularly for low-income families and those hit by recent floods.

The minister said the committee would continue to track market developments, coordinate policy across federal and provincial levels, and recommend administrative measures to protect citizens’ purchasing power.

Members examined changes in the Sensitive Price Index (SPI) and reviewed the availability and prices of essential commodities including wheat, rice, sugar, onions, tomatoes and edible oil. Officials noted that sufficient wheat stocks were available, excluding strategic reserves, while initial assessments suggested manageable damage to rice and sugarcane crops. Aurangzeb emphasized strict monitoring to prevent hoarding and artificial price hikes.

Preparations for the upcoming sowing season were also discussed, with a focus on ensuring timely availability of seeds and agricultural inputs. The finance minister directed the National Disaster Management Authority (NDMA), SUPARCO, and the Pakistan Bureau of Statistics to work with provincial authorities to complete accurate crop damage assessments.

The meeting was attended by federal secretaries and senior representatives from the Finance Division, Power Division, Petroleum Division, Ministry of Planning, Ministry of National Food Security, the State Bank of Pakistan, the Pakistan Bureau of Statistics, and the Sustainable Development Policy Institute (SDPI).

Aurangzeb directed the committee to reconvene next week to review progress on agreed actions and to adopt further measures aimed at ensuring price stability nationwide.

Tags: Finance DivisionFinance MinisterfloodFlood 2025IslamabadMinistry of National Food SecurityMinistry of PlanningNational Disaster Management AuthorityNDMAPakistanPetroleum DivisionPower DivisionSDPISenator Muhammad AurangzebSPIState Bank of PakistanSteering Committee for Assessment of Inflationary TrendsSUPARCOthe Pakistan Bureau of Statistics
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