Govt should avert forthcoming food crisis via wheat imports


Observer Report


President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance Mian Zahid Hussain on Monday said that the government should expedite wheat imports to prevent the looming food crisis.
Talking to businessmen here, he said that it was matter of concern that wheat prices witnessed an increase of only five percent in international market during last 12 months but has been increased by 72 percent in the local market.
Mian Zahid Hussain said that mismanagement, corruption and slow imports can trigger a severe wheat crisis in the country.
He said that this is not the first time that country has failed to achieve the wheat production target but it is very first time that mafia has been allowed to play havoc with the masses.
Earlier, in case of wheat shortage, the government would start immediate imports but this time around, it was marred with wrong policy decisions and mismanagement pushing masses into a malnutrition crisis.
The veteran business leader said that the next wheat crop will arrive in six months and millions of tonnes of wheat is needed to fill the demand and supply gap and stabilise prices.

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