The private sector is rewarded for importing wheat. Bad bureaucratic decisions cost the country’s Ministry of Finance between $1 and $1.5 billion.
According to sources, the National Food Security Authority has requested permission to import 3.5 million tonnes of wheat. Despite the abundance of wheat, the ECC has approved the import of wheat.
According to national food security sources, the private sector is allowed to import wheat. National Food Security prepares to finalize import of 1 million tonnes of wheat first
Sources said the National Food Security Secretary has allowed anyone to order wheat until April 1, 2024. There are 4.3 million tonnes of wheat with the government.
Sources said this was due to the arrival of new wheat varieties in Sindh in March. Therefore there is no need to import wheat. This is because of the bureaucratic wrong decision. As a result, some billions of dollars in foreign exchange were lost.
According to the source of national food security This is due to the caretaker government’s incorrect strategy. Wheat farmers are therefore bankrupt today.
