Domestic wheat stock stands at 8.618 million tons.
ISLAMABAD -- The strategic wheat reserves of the country by the first week of current month (August) were recorded at over 8.618 million metric tons that were sufficient to tackle with the domestic staple food requirements.
Out of the total available wheat stocks, the government had procured over 6.587 million metric, besides the carry forward reserves stood at over 2.030 million metric tons, said Food Security Commissioner in the Ministry of National Food Security and Research Dr Imtiaz Ali Gopang.
Talking to reporter here on Wednesday, he said that food year starts from May 1st to April 30, every year, adding that during this period the government releases average about 46,300 metric tons per-day in order to keep local demand and supply at smooth for ensuring provision of flour at sustainable in open market across the country.
These traditional releases include 25,000 metric tons by Punjab, 10,000 metric tons by Sindh, 5,000 metric tons by Khyber Pakhtunkhwa and 1,000 metric tons by Balochistan, he added.
Meanwhile, the Pakistan Agriculture Storage and Services Corporation (PASSCO) release 5,300 metric tons form its own stocks to further supplement the supply of the commodity in local markets to maintain...
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