{"id":404219,"date":"2024-05-03T08:28:13","date_gmt":"2024-05-03T03:28:13","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=404219"},"modified":"2024-05-03T08:58:10","modified_gmt":"2024-05-03T03:58:10","slug":"pm-hails-govt-efforts-as-inflation-plummets-to-two-year-low-of-17-3","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/pm-hails-govt-efforts-as-inflation-plummets-to-two-year-low-of-17-3\/","title":{"rendered":"PM hails govt efforts as inflation plummets to two-year low of 17.3%"},"content":{"rendered":"<p>Shehbaz directs provincial govts to ensure reduction in petroleum prices and enforce official food item prices<br \/>\nISLAMABAD<br \/>\nPrime Minister Shehbaz Sharif on Thursday, declaring the downward trend of inflation as a welcome news for the people, said that the inflation falling towards the lowest level in two years was a sign of improvement in the economy.<br \/>\n\u201cThis is the result of the hard work done during the 16 month-long government led by the Pakistan Democratic Movement (PDM) and continued by the interim government,\u201d he said in a statement issued by the PM Office.<br \/>\nThe prime minister pointed out that the inflation rate had come down from the peak of 39% to 20% last month and then to 17% in the current month. He said bringing down the inflation rate was the top priority of the government.<br \/>\n\u201cWith the support of Allah Almighty, the people will get more relief in coming days after increase in the economic activities.\u201d He expressed the hope that the people might also get more relief by further cut in the petroleum prices which were on the downward trend in the international market.<br \/>\nThe prime minister directed the provincial governments to ensure that impacts of fall in the petroleum prices reach the common people, besides taking special measures for the implementation of the rates of food items fixed by the Federal Government.<br \/>\n\u201cWith the blessings of the Almighty, the life standard of the people will further improve with further improvement in the economy,\u201d he said. The government was trying its best to provide maximum relief to the people, the prime minister added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shehbaz directs provincial govts to ensure reduction in petroleum prices and enforce official food item prices ISLAMABAD Prime Minister Shehbaz Sharif on Thursday, declaring the downward trend of inflation as a welcome news for the people, said that the inflation falling towards the lowest level in two years was a sign of improvement in the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":348428,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-404219","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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