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PM chairs meeting to review wheat situation in country

PM chairs meeting to review wheat situation in country
January 30, 2020
ISLAMABAD (92 News) – Prime Minister (PM) Imran Khan chaired meeting to review the current wheat situation of the country. Meeting was held to devise a course of action regarding wheat situation in the country, national demand, and available stock and future requirements. During the meeting, the prime minister has directed for advanced planning to meet the wheat requirement of Pakistan in the coming months and to finalize the estimates and procedures on fast track basis.
Checking hoarding, profiteering of wheat
“Flour is a staple food and people should not face any difficulty in its availability, PM Khan said. He also emphasized to give special attention on checking the hoarding and profiteering of wheat. The meeting was briefed on overall wheat situation, wheat production in previous years, national consumption, import and export of this commodity in the past and prevalent situation. Earlier, delay of ban on wheat exports became a major factor who intensified the crisis across Pakistan. 92 News traced the reason that why wheat crisis unfolded across Pakistan. Due to crisis, wheat prices across the country have sky rocketed over the past few days. The sources said that delay of ban on the export of wheat is major factor but the smuggling of wheat in Iran and Afghanistan is also cause of wheat crisis all over the country. In this whole situation, profiteers and hoarders started exploiting the situation and allegedly plunged into secret stock piling of wheat to increase prices. The wheat crisis started from Sindh and spread all over the country. The wheat was exported at the price of Rs30 per KG but now it has to import in the price of Rs60 per Kg. Meanwhile, the 40 billion rupees expenses have to bear on the monthly basis. Earlier in a meeting, when the government had already banned on the export of wheat and flour, the prime minister was informed that the exports of wheat-esqe commodities was still going on to Afghanistan, and in this guise, wheat, flour exports were also underway.