Federal govt decides to shut down utility stores

Geo News has reported that the federal government has decided to shut down utility stores.

According to the administration, the federal government has given two weeks to solve transaction matters with other companies.

They pointed out that the federal government has already lifted subsidies.

The administration stated that out of 11,000 employees, 6,000 are permanent, while the other 5,000 are contract-based employees, all of whom will likely be significantly affected by this decision.

Utility stores are the largest chain stores in Pakistan. They sell commodities at lower prices than the market, and the government often provides subsidies to these chain stores.