Pakistan to sell 200,000 tonnes of wheat

By IANS,

Islamabad : Islamabad has approved the sale and export of 200,000 tonnes of wheat to create space for fresh stock procured from farmers, a media report said Tuesday.


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The Economic Coordination Committee of the cabinet approved the sale and export of wheat that was lying with the Pakistan Agricultural Storage and Services Corporation to make space for new arrivals, Dawn reported.

The Monday meeting was presided over by Finance Minister Abdul Hafeez Shaikh.

The committee expressed concern over non-implementation of its decisions.

“The overall sense of an ECC meeting was that the decisions were falling prey to the bureaucratic system,” an official was quoted as saying.

An official statement said: “The minister for finance, as the chairman of the committee, observed that the pace of the implementation of the decisions is slow and instructed the secretaries concerned to accelerate it.”

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