Pakistan becomes importer of major agri goods

Pakistan has become a net importer of some of the major agricultural produces from being an exporter about a couple of years ago, as the government’s lack of focus on agronomy is costing the nation a high price for kitchen and textile goods

Oct 27, 2020
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Pakistan has become a net importer of some of the major agricultural produces from being an exporter about a couple of years ago, as the government’s lack of focus on agronomy is costing the nation a high price for kitchen and textile goods.

“We exported wheat until fiscal year 2018-19 and sugar till last year (FY20),” Sindh Abadgar Board (SAB) Vice President Syed Mahmood Nawaz Shah said while talking to The Express Tribune.

The government has opted to import wheat and sugar in a bid to control the challenging food inflation in the country. The strategy on the other hand has, however, caused widening trade deficit. “The import of agricultural products, including cotton, has narrowed the current account balance in surplus in September,” he said.


https://tribune.com.pk/story/2270017/pakistan-becomes-importer-of-major-agri-goods

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