ISLAMABAD: Ministry of National Food Security and Research (MinNFS&R) here on Thursday said that there was no dearth of wheat in the country as abundant wheat stocks of over 6.700 million tons available to fulfill the domestic requirements of the grains and flour.
The MinNFS&R is bridging the gap between domestic supply and demand of wheat, besides ensuring food security and price stabilization of the commodity in local market. Besides, ensuring the smooth supply of wheat and flour in local markets, wheat reserves was also available for keeping the strategic reserves.
During current season (2020) public sector had procured about 6,596,229 tons wheat, it said adding that wheat stocks as on July 16 was recorded at 6,700,403 as against 7,711,259 tons of same period of last year.
It further said that ministry was also determined to take all appropriate measures to overcome any issues pertaining to wheat.
In order to ensure smooth wheat demand and supply, decisions have been also taken during Economic Coordination Committee (ECC) of the Cabinet in its recent meeting.
The ECC reaffirmed its previous decision about unlimited import of quality wheat for unlimited period, by waiving off all duties and taxes.
