Russian wheat expected this month: ECC

By Staff Reporter
Tuesday – November 10, 2020
ISLAMABAD: The national food security and research (NFSR) ministry reported, Monday, to the economic coordination committee (ECC) that the wheat imported under the government to government (G2G) arrangement from Russia will reach within the current month and held that there will be no shortage of the commodity countrywide.

According to a press release, adviser to the prime minister on finance and revenue (A-PM-FR) Abdul Hafeez Shaikh chaired the meeting of the ECC, of the cabinet, at the cabinet division in the federal capital.

It was decided to form a logistics committee (LC) in order to resolve the day-to-day logistic issues of wheat import.

The LC comprises of NFSR secretary as the convener, secretaries/representatives of finance, communication, maritime affairs, commerce, industries and production, railways ministries along-with Pakistan Agricultural Storage and Services Corporation (PASSCO) managing director (MD), Trading Corporation of Pakistan (TCP) chairman, national logistics cell (NLC) director general (DG), representatives from the port authority, provincial governments and the private transporters.

The LC will deal with day-to-day interagency issues and matters related to priority berthing, axle load, lifting of cargo and any other ancillary matter.

In light of the recommendations of the meeting of the coordination committee of the ECC on wheat, held on Sunday, it was decided that a subcommittee under the guidance of special assistant to the prime minister (SAPM) on revenue will be constituted in consultation with the finance, NFSR ministries and the provincial governments to work out the total volume of subsidy involved on imported and local wheat.

The ECC also discussed the issues related to the demand and supply of wheat countrywide.


Ads