Two more ships carrying 114,500 MT of imported wheat reached today at ports in Karachi. According to the Trading Corporation of Pakistan (TCP), the two ships unloaded the wheat on Karachi Port and Port Qasim.
According to the information, 390.000 metric tons of imported wheat has been reached so far. The sole purpose of this imported wheat is to fulfill the domestic need and sell it at a lower price.
The new lot of wheat will be sent to Punjab and Khyber Pakhtunkhwa in order to fulfill their needs.
To maintain a minimum level of wheat in the country, the Economic Coordination Committee (ECC), set some parameters and these shipments are all in accordance with them.
Previously, Abdul Hafeez Shaikh – Adviser to Prime Minister on Finance – announced this decision during the Economic Coordination Committee (ECC) meeting.
It was also informed that ECC allowed the authorities to import wheat through tenders to fulfill the requirement of the country.