Peshawar, August 24 (Online Int’l): Provincial Cabinet on Monday approved approximately Rs 3 billion subsidy on import of wheat with a view to ensure smooth supply to flour mills as well as bringing stability in the flour prices.
Special cabinet meeting was held here today with Chief Minister, Khyber Pakhtunkhwa Mahmood Khan in the cha
Provincial Ministers, Advisors, Special Assistants, Chief Secretary, SMBR, Addl: Chief Secretary and administrative secretaries attended the meeting.
Provincial government in its first phase will immediately import 0.15 metrictons of wheat through Trade Corporation of Pakistan costing Rs.8.510 billion. Same quantity will be procured in the next phase. This will ensure smooth supply of wheat to flour mills and ensure stability in the prices of atta.
Chief Minister directed the Food department to keep all options open including domestic procurement. Cabinet also constituted a committee comprising of Ministers for Food, Finance, Education and Secretary Food which will negotiate with private sector for domestic procurement of wheat.
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