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    No delay in wheat procurement target decision, clarifies finance ministry

    No delay in wheat procurement target decision, clarifies finance ministry

    Chitral Times Report

    ISLAMABAD: ECC of the Cabinet discussed the matters related to wheat procurement in its meeting held on 4th April 2024. After considering the views of the relevant Federal Ministries, the members of the ECC felt that it would be advisable to include the Provincial governments in the deliberations, as they would be responsible to implement the decisions on the ground. The meeting was therefore reconvened on 5th April and representatives of all the Provincial governments participated.

    They provided updates to the Committee on the latest situation relating to procurement of wheat in their respective areas and apprised it of their requirements for bank credit for the purpose. The Committee after detailed deliberations approved the procurement target proposed by the Ministry of Food Security and the Provinces and the cash credit limits required for the purpose. The relevant departments did not suggest any enhancement or reduction in targets presented by the Ministry of Food Security, neither did the ECC approve any such change.

    The Government of Punjab informed the Committee that it was closely monitoring the wheat situation in the Province and had initiated procurement process. They further informed that the provincial government would continue to intervene to make sure that farmers are able to sell their produce at the support price level.

    The ECC in its inaugural meeting resolved that all the matters brought before it would be deliberated in detail with a view to make informed decisions, instead of rushing through and rubber-stamping hasty measures. The Committee would also continue to ensure that all the stakeholders are onboard before arriving at decisions which have far reaching implications. The detailed discussions during the meetings of the ECC on 4th & 5th April, 2024 are reflective of this policy.


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