About: http://data.cimple.eu/news-article/1032043ae3eb12b1e0958557a2742c53f06823376e67d93386a1d98d

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About: http://data.cimple.eu/news-article/1032043ae3eb12b1e0958557a2742c53f06823376e67d93386a1d98d Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Pakistan's government has approved a hefty subsidy package in a bid to offset the spiralling costs of basic food staples that threaten to undermine Prime Minister Imran Khan. The move comes as the government already faces mounting pressure over inflation, tax increases, the devaluation of the rupee and other woes. Khan's finance advisor Hafeez Sheikh said Wednesday the government had approved a five-month, 10 billion rupee ($64.8 million) package to alleviate the "soaring prices" of basic commodities, including food items such as wheat flour and sugar. Under the package, some five million poorer Pakistanis would be able to buy discounted basics through the state-run Utility Stores Corporation (USC), which operates stores across the country. The stores "will drastically bring down prices of at least 19 food items including wheat flour and sugar during the holy month of Ramadan" starting late April, Sheikh said. The increasing food prices come as Pakistani farmers keep a wary eye on locust populations. Swarms of the insects have already attacked crops in the provinces of Punjab and Sindh. Khan's opponents have seized on the food issue to attack the cricketer-turned-leader, who is about 18 months into his premiership. Low tax yields and mounting debt, coupled with repeated devaluations of the rupee, soaring inflation and rising utility costs are driving discontent with Khan's administration. Khan's administration says it has improved increasing fiscal and balance of payments deficits. jaf/wat/st/aph
schema:headline	Pakistan unveils $64mn subsidy to tackle rising food prices
schema:mentions	Pakistani rupee British Association for Immediate Care Wat Locust Sheikh 18 Months Flour Bacha Khan Sugar Prime Minister of Pakistan Ramadan Inflation Punjab Imran Khan Pakistan Utility Stores Corporation Government of Sindh USC Trojans Devaluation Spiralling The Move
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-12 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	80 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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