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Pakistan Approves Immediate 1 Million Tonnes Wheat Import

The government says the shipment will plug a national supply gap to curb rising bread and flour prices.

Overview

  • The federal government approved the one million tonnes import and ordered PASSCO’s existing wheat stocks released to provinces to meet urgent needs, officials said on Friday.
  • Punjab has asked for about 1 million tonnes and Sindh for at least 220,000 tonnes, requests that together exceed available federal storage and prompted the import decision.
  • Farmers’ leaders and analysts blame the shortfall on policy choices and weak procurement, noting Punjab bought roughly 480,000 tonnes against a three million tonne target this season.
  • Traders and millers are pressing for immediate, subsidy-free private imports and have proposed open permission for up to 4 million tonnes to avoid fiscal losses from state-led buying.
  • Pakistan relied heavily on imports last year—bringing in nearly 3.5 million tonnes at a cost above $1 billion—and officials warn continuing gaps could keep prices high and strain foreign exchange reserves.