PM Sharif increases Ramadan package to $44.8 million amid staggering inflation 

In this handout photo, taken and released by Prime Minister Office, Pakistan Prime Minister Shehbaz Sharif chairs meeting to monitor the rain and flood situation in Khyber Pakhtunkhwa province at the Governor House in Peshawar on March 6, 2024. (Photo courtesy: PMO/File)
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Updated 10 March 2024
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PM Sharif increases Ramadan package to $44.8 million amid staggering inflation 

  • Pakistan’s national, provincial administrations typically announce Ramadan packages before holy month 
  • Utility stores, mobile units to provide food items at lower prices to deserving families, says PM’s Office 

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday increased the Ramadan relief package to Rs12.5 billion ($44.8 million), his office said, as Islamabad scrambles to provide relief to the masses by lowering the prices of essential items amid staggering inflation. 

Pakistan’s national and provincial administrations typically announce Ramadan packages ahead of the Muslim fasting month to provide relief to the public. These packages mostly reduce prices of essential food items such as flour, sugar, lentils, milk and dates through utility stores and other outlets to ease the burden of increased food consumption during Ramadan. 

They also include special Ramadan bazaars to help low- and middle-income families access other necessities. 

On Thursday, Sharif unveiled a Rs7.5 billion ($26.8 million) Ramadan relief package for the masses ahead of the holy month, during which millions of Muslims all over the world fast from dawn till sunset. 

“The prime minister has increased the volume of Ramadan relief package from Rs7.5 billion to Rs12.5 billion,” the PMO said. 

“Apart from increasing the volume of the package, he has also directed for its scope to be enhanced.”

The PMO said utility stores, Benazir Income Support Program (BISP) and mobile units will provide food items at low prices under the package to deserving families in Pakistan.

Sharif directed authorities to deliver food packages to as many poor people as possible.

“From the first of Ramadan till its end, food items will be provided at lower rates compared to the markets,” the PMO said.

Pakistan’s inflation rate was recorded at 23.1 percent in February, marking its lowest level since June 2022, on an annual basis despite surging food and energy costs, official data revealed this month. 

Pakistan continues to face historically high inflation, though the situation has improved from the all-time high level of 38 percent recorded last year in May.


Pakistan PM to attend World Economic Forum’s annual meeting in Switzerland next month

Updated 29 December 2025
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Pakistan PM to attend World Economic Forum’s annual meeting in Switzerland next month

  • The WEF meeting, scheduled to be held in Davos on Jan. 19-23, will focus on global challenges, public-private dialogue and cooperation
  • Government, business, civil society and academia leaders will engage in forward-looking discussions to address these issues, set priorities

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif will travel to Switzerland next month to attend the 56th annual meeting of the World Economic Forum (WEF), Pakistani state media reported on Monday.

The WEF annual meeting, themed as ‘A Spirit of Dialogue,’ will be held from Jan. 19 to Jan. 23 in Davos, where world leaders from government, business, civil society and academia will engage in forward-looking discussions to address global issues and set priorities.

Prime Minister Sharif is expected to interact with global leaders and investors on economic challenges, regional and international issues and various opportunities for cooperation.

On Monday, Deputy PM Ishaq Dar presided over a meeting in Islamabad to oversee preparations for Sharif’s upcoming visit to Switzerland to attend the WEF meeting, the Radio Pakistan broadcaster reported.

“Dar instructed to maximize the engagements with the incoming Heads of States, Governments and senior leadership of economic, business and financial institutions,” the report read.

The WEF meeting program will be structured around key global challenges where public-private dialogue and cooperation, involving all stakeholders, is necessary for progress, according to the WEF website.

In addressing these challenges, growth, resilience and innovation will serve as cross-cutting imperatives, guiding how leaders engage with today’s complexity and pursue tomorrow’s opportunities.

Pakistani foreign ministry officials briefed the deputy PM about preparations for the WEF meeting, according to Radio Pakistan. The participants of Monday’s meeting in Islamabad discussed in detail the bilateral component and media engagements during the visit.

“He [Dar] further stressed that opportunities be explored to foster collaboration with private sector business entities,” the state broadcaster said.