The committee sanctions the wheat procurement targets for PASSCO, Sindh, and Balochistan provinces, along with approving a cash credit limit for wheat purchase.
Islamabad: The Economic Coordination Committee (ECC) on Friday endorsed the wheat procurement plan for the ongoing year 2024.
The ECC meeting chaired by Finance Minister Muhammad Aurangzeb greenlit the summary presented by the National Food Security Ministry.
The committee sanctioned the wheat procurement targets for PASSCO, Sindh, and Balochistan provinces, along with approving a cash credit limit for wheat purchase.
The procurement targets for 2024 are set at 2.45 million metric tons (MMT), with contributions from PASSCO, Sindh, and Balochistan at 1.40 MMT, 1.00 MMT, and 0.050 MMT, respectively. The allocated cash credit limits amount to Rs169.00 billion for PASSCO, Rs100.00 billion for Sindh, and Rs5.70 billion for Balochistan.
Besides it, the ECC session approved technical supplementary grants for various ministries.
This plan is devised to ensure the seamless acquisition of wheat within the specified timeframe, vital for maintaining stable food reserves across the country.
Three dead in light plane crash in Australia's New South Wales state
- 4 گھنٹے قبل
DPM discusses ME situation with FMs of Egypt, Azerbaijan
- 5 گھنٹے قبل
Palestinians return to devastated Gaza City as truce holds
- 6 گھنٹے قبل
White House lays off thousands of US govt workers, blaming shutdown
- 5 گھنٹے قبل
Railways makes important announcement for passengers
- 9 گھنٹے قبل
Magnitude 5 earthquake rattles Punjab’s Layyah: PMD
- 4 گھنٹے قبل
KP Governor confirms receiving Gandapur's resignation
- 8 گھنٹے قبل
Three dead in light plane crash in Australia's New South Wales state
- 4 گھنٹے قبل
Strict laws introduced for drug cases in Punjab
- 9 گھنٹے قبل
Two terrorists neutralised, as many wounded in Peshawar's Hassan Khel operation
- 10 گھنٹے قبل
Dodgers oust Phillies in extras, advance to NLCS
- 8 گھنٹے قبل
KP session convened for Oct 13 to elect new CM
- 4 گھنٹے قبل
