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BTC TO PKR: Today’s Bitcoin price in Pakistan on 02 May, 2024Prime Minister Shehbaz Sharif directed the relevant authority within the Ministry of National Food Security to take severe measures against Captain Mohammad Asif, who was in charge of food matters.
According to the initial report initiated by the government regarding the import of wheat, the investigation report attributes the unnecessary import of wheat to federal institutions. Despite Punjab’s existing reserves of 40.47 lakh metric tons, an additional 35.87 lakh metric tons were imported, leading to an artificial scarcity.
The investigation has uncovered that wheat was imported at rates ranging from Rs 2600 to Rs 2900 per maund, but subsequently sold at a higher price of Rs 4700 per maund. Although the import permission was initially granted for 1 million metric tons, it was surpassed without constraint.Federal institutions purportedly permitted private companies to import wheat without adequate oversight.
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