KP to Form Own Crisis Management Policy Amid Inflation

KP to formulate crisis management policy and announce relief measures to address inflation and economic pressures.

Khyber Pakhtunkhwa Chief Minister Mohammad Sohail Afridi has announced that the provincial government will formulate a crisis management policy to address rising inflation and broader economic pressures.

Speaking during a Zoom cabinet meeting in Peshawar, the chief minister said additional measures would soon be introduced to reduce the impact of inflation on households across the province. He criticised the recent increase in petrol and diesel prices by the federal government, warning that higher fuel costs would intensify inflationary pressures and increase financial strain on citizens.

Afridi emphasised the need for long-term economic planning and cautioned against short-term measures that fail to address structural challenges. He noted that rising prices are affecting not only low-income households but also middle-income groups.

The cabinet also approved a range of administrative and welfare measures, including the establishment of the University of Applied and Modern Sciences for merged districts, funding for medical and education initiatives, and pre-emptive monsoon relief measures worth Rs785 million.

Additional approvals included the introduction of Matric Tech and Inter Tech pilot programmes in 70 government schools, scholarship support for 1,650 students, and financial assistance for displaced families in Lower Chitral.

The chief minister reaffirmed the province’s commitment to economic stability despite fiscal and security challenges.