Dropping a hint that oil prices may be reduced in a couple of days, Advisor to the Prime Minister for Commerce, Textile, Industry and Production, Abdul Razak Dawood Tuesday said the government intends to pass on benefit of reduced oil prices in international market to public.
The advisor said despite the huge challenge of debt, Prime Minister Imran Khan preferred to provide relief to people who are suffering from lockdown restrictions.
Dawood said, “We are focusing on revival of textile industry as its demand has been increased due to severe restrictions on industries in different countries.”
He said the government under digitization policy will encourage the IT sector in the country, adding it will also reduce mobile phone prices.
The advisor said the government resorted to International Monetary Fund (IMF) just for a bailout package and “we wish that it would be our last package with the Fund.”
He said a program is being launched to assist the people who have been laid off from their jobs under which funds will be provided directly to the employers to help them pay the salaries of their employees.
