The government is preparing to take an important step towards liberalizing the wheat market, in line with the structural reforms approved by the International Monetary Fund. To formulate a comprehensive strategy, the Ministry of National Food Security and Research (MNFS&R) will host a national workshop on liberalization of the wheat sector on Friday, January 24, … Read more
Afghanistan became the largest importer of Russian flour last year, doubling its purchases, according to Russia’s state agricultural export agency, Agroexport. The agency stated that Afghanistan imports flour due to insufficient local production capacity to meet demand. The increase in imports came as Russia strengthened its relations with the Afghan Taliban government. Last month, the … Read more
ISLAMABAD: The Kisan Union has issued a strong warning to the government, threatening a massive protest march to Islamabad if the Punjab government fails to raise the wheat support price and take decisive action to curb spiraling input costs that are crippling the agricultural sector. In a press conference on Tuesday, Kisan Union Central President … Read more
IslamabadWheat imports into the country during the first four months of the current fiscal year recorded a 100 percent decline compared to imports for the corresponding period last year. During the period from July-October 2023-24, the country spent $166,633 million on importing more than 556,903 metric tons of wheat to meet local needs, which recorded … Read more
Islamabad: Prime Minister Shehbaz Sharif has formed a committee headed by Finance Minister Muhammad Aurangzeb to formulate a wheat procurement plan for the food year 2024-25, including IMF recommendations. The committee includes Minister of National Food Security and Research Rana Tanveer Hussain, Minister of Commerce Jam Kamal Khan, and Advisor to the Prime Minister on … Read more
The federal government has set a wheat production target of 33.58 million tons for the 2024-2025 Rabi season, with the aim of planting more than 10.368 million hectares. The decision was announced during a meeting of the Federal Agriculture Committee chaired by Federal Minister for National Food Security and Research Rana Tanveer Hussain. The meeting … Read more