Pakistan suffers setback to import 1.5m MT wheat

Amid a serious setback to a four-month-old plan to import 1.5 million metric tons of wheat due to refusal of Punjab to pay high price, the federal government on Wednesday once again “failed” to finalise the import modalities despite the soaring prices

Sep 17, 2020
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Amid a serious setback to a four-month-old plan to import 1.5 million metric tons of wheat due to refusal of Punjab to pay high price, the federal government on Wednesday once again “failed” to finalise the import modalities despite the soaring prices.

The Economic Coordination Committee (ECC), which took up the issue of shortage of wheat and subsequent increase in prices for the second time in the past three weeks could not find answer to many burning questions due to the superficial decision-making process.

The National Food Security Ministry moved yet another summary for the import of 1.5 million metric tons of wheat, which lacked details about demand, supply, stocks, local prices and financing details.


https://tribune.com.pk/story/2264379/govt-suffers-setback-to-import-15m-mt-wheat

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