E-Paper PDF 21th January 2020 (ISB)

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CMYK

Tuesday, 21 January, 2020 I 25 Jamadi-ul-Awwal, 1441 I Rs 19.00 I Vol X No 202 I 16 Pages I Islamabad Edition

FLOUR CRISIS

Govt approves duty-free import of 0.3m tonnes of wheat g

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eCC allowS wheat to be imPorted till marCh 31, firSt ShiPment to arrive by feb 15

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Sindh Govt to buy 0.4m tonneS of wheat from PaSSCo to overCome ShortaGe

oPP SenatorS CritiCiSe Govt for wheat ShortaGe, Slam miniSterS for makinG moCkery of CitizenS’ PliGht

ISLAMABAD

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STAFF REPORT

he economic Coordination Committee (eCC) on Monday approved the import of 0.3 million tonnes of wheat without regulatory duty amid an unprecedented price hike and country-wide shortage during the past few days, as criticism continued to mount on the federal government over the rising prices of essential commodities across Pakistan. Chaired by Adviser to the Prime Minister on Finance Dr Abdul hafeez Sheikh, the committee has allowed for wheat to be imported till March 31, with the first shipment due to arrive by February 15. It has also asked the Punjab government and the Pakistan Agricultural Storage and Services Corporation (PASSCO) to release wheat stocks in order to overcome a country-wide shortage. A statement issued by the Finance Ministry said that Punjab and PASSCO have approximately 41 tonnes of wheat stocks available. It is not yet clear from which country or countries Pakistan will be importing the wheat.

According to sources, the federal government suspects that the Sindh government is not providing accurate data about its wheat stock. The PPP government had informed the eCC that they have 0.804m tonnes but did not release the stock in the local market. Subsequently, documents show that in November, eCC had approved the release of 0.10m tonnes for Sindh and 0.150m for KP to avoid any crisis and directed the provincial governments to implement price control act in their jurisdictions. SINDH TO BUY 0.4m TONNES WHEAT FROM PASSCO: Meanwhile, the Sindh government, which did not procure wheat from its growers in 2019, has decided to purchase 0.4 million tonnes of wheat from PASSCO to overcome the wheat crisis in the province. The Sindh government did not procure wheat from the growers in the province citing financial crisis and availability of carry-over wheat last year. According to sources, the provincial food department has more than 0.5m tonnes of wheat stock from the previous season. In 2019, the Sindh Food Department had procured 1.4m

tonnes of wheat while the federal government allowed export of 0.5m tonnes of stocked wheat. however, corruption and mismanagement had caused loss of wheat to the provincial authorities, sources added. PUNJAB TO DISPATCH 5,000 TONNES WHEAT TO KP: In a related development, the Punjab government on Monday decided to dispatch 5,000 tonnes of wheat to Khyber Pakhtunkhwa on a daily basis. Addressing a meeting in this regard, Punjab Chief Minister Usman Buzdar said that the Punjab government will provide wheat from its stock as a goodwill gesture to help overcome the flour shortage in KP. he also directed to continue steps for stabilizing the price of flour, adding that unjustified increase in the price of Chakki flour will not be tolerated and assured to take necessary steps in this regard. The meeting was told that the food department inspected 1,119 flour mills and took action against 542 mills by suspending their wheat quota. Similarly, 88 flour mills’ licenses have been suspended and fine of Rs140m has been imposed. OPP SENATORS SLAM GOVT: Meanwhile, senators belonging to the opposition parties on Monday criticised the government for the wheat shortage and rising prices of essential commodities in the country. “This issue concerns the people of Pakistan,” said Senator Sirajul haq, the chief of Jamaat-eIslami, during Monday’s session. “Pakistan is an agricultural economy,” he said, adding that it is the eighth-largest wheat producing country in the world. “Despite this, the people of Pakistan are desperate for roti [bread],” lamented haq.

Govt, opp reach consensus on Sikandar raja’s appointment as CeC STORY ON PAGE 03

PM abolishes 150 licences to stimulate local businesses STORY ON PAGE 11

forward bloc emerges in Pti in Punjab assembly

CONTINUED ON PAGE 02

after wheat, sugar also goes missing from markets

PM Imran to meet President Trump on WEF sidelines

STORY ON BACK PAGE

STORY ON BACK PAGE

Rights lawyer Jalila Haider detained at Lahore airport for over six hours STORY ON BACK PAGE

Govt may approve up to 214pc hike in gas prices

STORIES ON BACK PAGE & 02

wells praises Pakistan’s efforts against illegal uS immigrants

STORIES ON BACK PAGE & 05

GIDC abolition to increase price disparity in fertilizer sector


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