Lahore: Prime Minister Shehbaz Sharif has formed a committee headed by the Finance Minister to prepare a wheat procurement plan. The committee will work keeping in mind the IMF’s perspective.
The media report quoted sources as saying that other members of the committee include Minister for National Food Security and Research, Minister for Commerce and Advisor to the Prime Minister on Political Affairs and Inter-Provincial Coordination Rana Sanaullah.
The committee will review the existing regulatory framework of the wheat market so that recommendations for a wheat policy for Rabi 2024-25 can be prepared and finalized, keeping in mind the availability and prices of wheat in the country.
This policy will address all relevant issues including support price, recommendations for wheat procurement by the federal government and the provinces, and ensure stability in wheat availability and prices, after consultation with stakeholders and provinces.