The government has decided in principle to import wheat for building strategic reserves and ensure steady supply of staple food during the current year. AFP/File
ISLAMABAD: The government has decided in principle to import wheat for building strategic reserves and ensure steady supply of staple food during the current year.
A summary will be presented in the next meeting of Economic Coordination Committee of the Cabinet for approval. This was stated by Secretary Ministry of Food Security and Research Ghufran Memon in a meeting of the National Price Monitoring Committee (NPMC).
The NPMC meeting was chaired by Finance Minister Shaukat Tarin to review prices of essential food items.
Pakistan to import 4 million metric tonnes of wheat ANI | Updated: May 04, 2021 23:10 IST
Islamabad [Pakistan], May 4 (ANI): Pakistan government on Monday decided to import four million metric tons of wheat this year to meet the domestic consumption requirements.
According to The Express Tribune, Finance Minister Shaukat Tarin asked the Pakistan Bureau of Statistics (PBS) to change its price methodology as he believed that the prices of essential commodities were over-reported, officials of the Ministry of Finance and PBS said.
The PBS is under pressure as the government had not been able to control wheat, wheat flour and sugar prices that doubled in less than three years. Headed by Tarin, the National Price Monitoring Committee (NPMC) took the decision to import four million metric tons of wheat.
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May 4, 2021
Newly appointed Finance Minister Shaukat Tarin on Monday said that the International Monetary Fund (IMF) committed ‘grave injustice’ against Pakistan in terms of the extended fund facility offered to the country, a private TV channel reported.
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Pakistan govt decides to import 4 metric tons of wheat
05 May 2021, 04:19 GMT+10
Islamabad [Pakistan], May 4 (ANI): Pakistan government on Monday decided to import four million metric tons of wheat this year to meet the domestic consumption requirements.
According to The Express Tribune, Finance Minister Shaukat Tarin asked the Pakistan Bureau of Statistics (PBS) to change its price methodology as he believed that the prices of essential commodities were over-reported, officials of the Ministry of Finance and PBS said.
The PBS is under pressure as the government had not been able to control wheat, wheat flour and sugar prices that doubled in less than three years. Headed by Tarin, the National Price Monitoring Committee (NPMC) took the decision to import four million metric tons of wheat.
Pakistan to import more wheat to ensure steady supply, stable prices throughout the year
By
A wheat farmer pictures in the fields. Photo: File
Pakistan to import wheat to build strategic reserves, ensure steady supply of wheat throughout the year.
Shaukat Tarin urges authorities to keep undue profiteering and price hike in check.
Tarin urges provincial governments to ensure daily release of wheat on subsidized rates.
ISLAMABAD: The government has planned to import more wheat during the year to ensure prices of the staple food remain stable and its supply remains stead, according to a report in
This was revealed by the secretary to the ministry of food security who was briefing the National Price Monitoring Committee (NPMC) about availability of wheat stocks across the country.