FFC meets today to review high rates of cooking oil, sugar

ISLAMABAD—A meeting of the Federal Food Committee has been summoned today (Wednesday) on the directives of President Pervez Musharraf.
The meeting would be chaired by Lt. Gen. (retd) Farooq Ahmad Khan and would review the situation arising out of escalating prices of cooking oil, sugar and flour. The meeting has been summoned on the directives of the President Pervez Musharraf, who has ordered that the prices of essential items of use of common public be stabilised. In view of this the mill owners of sugar, cooking oil and flour mills have been also summoned. Sources told that FFC would ask the mill owners to subsidise the rates of the daily use of items and would also seek an explanation as to why these prices were increased. Moreover, the sources told, that the flour mill owners would be directed to ensure ample supply of flour at subsidised rates to the markets and would be questioned as to why the shortage still exists despite the fact that they are being provided with full quota.—Agencies