The federal government is considering closing utility stores, which provide essential items at subsidized rates for low-income families, across the country.
The Secretary of Industry and Production confirmed this during a Senate standing committee meeting, stating it is part of a rightsizing initiative.
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The Rightsizing Committee’s decisions will be submitted to the federal cabinet for approval.
The Ministry of Industry and Production will develop an action plan for the store closures and prepare a compensation package for employees.
This move towards privatization is driven by financial challenges. Utility Stores General Manager Inayatullah Dula also confirmed that a formal plan for the closures is in development.
