News Desklamabad::Ministry of National Food Security and Research(NFSR) is bridging the supply and demand gap of wheat by various strategies.On Wednesday, the wheat stock in Punjab was 2992744 Tonnes,Sindh was 1259395 tonnes,KPK was 88900 tonnes,Balochistan was 67423 tonnes, PASSCO was 674623 tonnes.Thus the total wheat stock in the country was 5080747 tonnes.
In June,ECC gave permission to private sector to Import 1.0 MMT of wheat.18 vessels were booked for 1.092 MT till January 2020.By October, out of 18 vessels, 7 vessels carrying 0.433 MMT of wheat arrived in the country. Right now 0.399 MMT of imported wheat by private sectir has been discharged from port and distributed to Punjab (0.212 MMT), KP(0.0102 MMT) and Sindh (0.177 MMT).
TCP confirmed only 330,000 MT through award and matching process after its first tender.Another tender of 0.300 MMT, has been opened.
The other trajectory of wheat import is Government to Government.Pakistan will import 0.180 MMT of wheat from Russia on, as part of an arrangement to increase supplies. The Pakistani government is ready to sign a MoU with Moscow for the supply of grain on a government-to-government basis.PASSCO has been nominated as a procurement agency on behalf of Government of Pakistan to negotiate terms and conditions with the Russian side.Cabinet has already approved the MoU.
