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 …
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Successful Conclusion of FoodAg-2024 with $1.2 Billion in Deals
Event Overview The second International Food and Agriculture Exhibition (FoodAg-2024) concluded on Sunday, with transactions totaling over $1.2 billion. Held at the Expo Centre, the three-day event saw the participation of more than 800 buyers from 75 countries. Over 330 exporters showcased more than 500 quality products, with China leading with the largest delegation of over 150 buyers. Key Outcomes …
Read More »Pakistan’s Cotton Crisis: Declining Production Threatens Agriculture and Textile Industry
Pakistan’s cotton crop, a cornerstone of its agricultural and textile sectors, is facing a dramatic decline in production. After a relatively strong yield of 10.2 million bales in the previous fiscal year, recent reports from the Pakistan Cotton Ginners Association reveal a staggering 48% decrease in production in the first 15 days of FY-25. This sharp decline is raising serious …
Read More »Petrol Price Set to Drop by Rs1.87 per litre
Introduction: The upcoming fortnight in June brings mixed news for fuel consumers in Pakistan. While the price of petrol is expected to decrease by Rs1.87 per litre, diesel might become costlier by Rs3.29 per litre. These adjustments in fuel prices, based on the rates of petroleum levy and general sales tax, will have implications for both individuals and industries relying …
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