Agriculture

Addressing Food Security in Pakistan Amidst Double-Digit Inflation Food security remains a significant issue in Pakistan, where double-digit inflation strains households and the agriculture sector. Recent data from the Pakistan Bureau of Statistics (PBS) shows food inflation averaging over 35% in the first half of fiscal year 2024. This rise has weakened citizens’ purchasing power and exposed inefficiencies in crop …

Ministry Urges Swift Action on Wheat Support Price The Ministry of National Food Security and Research has called on Prime Minister Shehbaz Sharif to quickly announce a new wheat support price and set procurement targets. The ministry warns that failing to act could lead to wheat imports worth over $1 billion. This urgency comes from conditions set by the International …

Introduction The Pakistan Sugar Mills Association (PSMA) recently announced that the new sugarcane crushing season will begin on November 21, 2024. This decision comes despite the government’s recent approval to export an additional 500,000 metric tons of sugar. The PSMA assures that even after these exports, there will be sufficient sugar stocks to meet domestic demand for more than a …

Pakistan has agreed with the International Monetary Fund (IMF) to phase out its decades-long policy of setting minimum purchase prices for agricultural products, including wheat, and discontinue the practice of procuring essential commodities for buffer stocks. This decision, which will be implemented over three years, has raised concerns about the country’s food security, potentially affecting over 240 million people. Agricultural …