Provinces asked to streamline wheat supply.
ISLAMABAD -- Federal Minister for Finance and Revenue Dr Abdul Hafeez Sheikh on Monday has directed the provincial governments to follow a self-sustaining model and streamline the daily release of wheat to ensure a steady supply in the provinces as well as districts.
He made these remarks while chairing the meeting of the National Price Monitoring Committee (NPMC). The NPMC reviewed the price trend of essential commodities especially wheat, sugar and edible oil during the week. Finance Secretary briefed the meeting that weekly SPI registered a decline of 0.22 per cent and the main drivers behind the decrease in SPI are falling prices of eggs, tomatoes, potatoes, onions and chicken. Prices of 21 basic items remained stable whereas 7 items registered a decline during the week.
Ministry of National Food Security and Research (MoNFSR) apprised NPMC that all stakeholders are on board regarding the existing position of wheat stock in the country. Federal Minister for National Food Security and Research assured all possible measures would be taken to ensure smooth supply of wheat across the country. Federal Minister for Industries and Production Hammad Azhar updated NPMC about the recent decline in international prices of palm...
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