Finance Minister Shaukat Tareen blamed the Corona virus for the rise in prices of daily necessities.
In the media briefing, Shaukat Tareen said that the retailer takes not 10, not 20, not 50, not 100 but 400% profit.
“We will ask the retailer why he is making so much profit,” he added. From farmers to retailers are setting prices.
The Finance Minister also said that the role of middlemen was going to be abolished to give fair prices to the farmers.
During the conversation, Shaukat Tareen also claimed that the prices of flour have come down in a few days.
He also announced targeted subsidies on flour, sugar and other items under the Ehsas program.