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Govt to set up wheat reserves for its importation

by News Desk
May 4, 2021
in Business, Economy, Finance, Food, Main, New
Reading Time: 1 min read
Wheat
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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.

Mr Ghufran apprised the committee about sufficient availability of wheat stocks across the country. He also briefed about arrangements under way to import wheat for building strategic reserves and to ensure steady supply during the current year.

Strict price monitoring of food items ordered

The NPMC reviewed the price trend of essential commodities especially wheat flour, sugar, edible ghee, chicken and vegetables during the last week.

Tags: finance ministerImportsNPMCwheat
News Desk

News Desk

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