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Tuesday, June 22, 2021

Pakistan to suffer loss of Rs. 44.9 billion due to Wheat import

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ISLAMABAD: Minister for Finance Ishaq Dar Friday told the House, National Assembly, during question hour, that Pakistan had to suffer a loss of forty-four point nine billion rupees due to import of wheat during the current financial year.

He said overall five hundred thousand tons of wheat has been exported. He said the previous government allowed wheat export of about five hundred thousand tons wheat last year at a rate of two hundred dollars per ton and later on imported it on higher rate of five hundred dollars per ton.
To a question he said according to the preliminary estimates there will be a shortfall of nine hundred and twenty thousand tons of wheat this year.

Mr. Ishaq Dar informed the House that the country’s debt that was two thousand and nine hundred billion rupees till 1999 has gone to five thousand and seven hundred billion rupees during the last seven years. Minister of Finance to a question said the government has constituted a committee on food items with a view to ensure the quality and control their prices.

To another question the Minister said that the sixth Population and Housing Census would be conducted in October this year and it will be launched simultaneously all over the country including FATA, FANA, PATA and Northern Areas. The National Assembly was informed that the government has taken stringent measures to control price escalation of cement and sugar and their smooth supply in the market.-SANA

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Rubab Saleemhttp://www.rubabsaleem.com
Rubab Saleem is Editor of Pakistan Times
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