AUGAF
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
AUGAF
No Result
View All Result
Home Business

Wheat Support Price to be Fixed in Next Cabinet Meeting Says Pakistan Commerce Minister

admin-augaf by admin-augaf
October 31, 2022
in Business, Finance
Reading Time: 2 mins read
0
Finance Minister Senator Mohammad Ishaq Dar held a very productive meeting with Ms. Antoinette Sayeh, Deputy MD IMF.

Finance Minister Senator Mohammad Ishaq Dar held a very productive meeting with Ms. Antoinette Sayeh, Deputy MD IMF.

Share on FacebookShare on TwitterWhatsapp

Islamabad October 31 2022: Federal Minister for Commerce Syed Naveed Qamar has said that the new wheat support price will be fixed after a discussion in the next Cabinet meeting.

He said that the federal government earlier had set the wheat support price at Rs 3,000 and the summary was taken back after Pakistan People’s Party’s suggestion.

While addressing a joint press conference with Federal Minister for Climate Change Sherry Rehman here at the State Life Building, Naveed Qamar said that most of the agriculture land was not good for crops after the recent floods but some area of the land, which could be used for crops, would be utilized.

He said that the Sindh government had already announced Rs 4,000 wheat support price and the federal government would also announce such attractive price for the farmers.

The Commerce Minister said that the farmers should be sensitized to grow wheat crops in their lands, instead of growing other cash crops, for meeting the demand. This would help in not importing wheat in dollars and food security crisis.

He said the Prime Minister Shahbaz Sharif had also announced a Kisan Package to facilitate the farmers. He said people were dying due to floods and Imran Khan was seeking chair.

Replying to a question, he said the appointment of the Army Chief was sole privilege of the Prime Minister.

He said steps had been taken to continue routine government and commercial activities in Islamabad in view of PTI’s long march.

Answeing a question, he said that the government would not come under pressure of long march.

Addressing the press conference, Federal Minister for Climate Change Sherry Rehman said that the present government was paying attention to provide relief to the farmers.

She said that 80 to 82 percent crops had been damaged due to rains and floods. 4410 million acres of land had been destroyed in the country and the country needed Rs 854 billions to reconstruct this sector, she added.

Sindh and Balochistan provinces had been affected more in the floods, she said adding that the government was paying heed on the rehabilitation process and rebuilding the damaged areas.

She said the complete economic loss related to the aforesaid sector was approximately over $9 billions.

Sherry expressed her giref over the death of female journalist Sadaf Naeem and offered her condolences to the bereaved family. She said that the brave female journalist lost her life due to running container, which must be stopped to avoid any accident while going up and coming down from the container and for the safety of the participants.

Replying to a question, she said that PTI changed its version repeatedly and did not stand on its viewpoint.

Tags: Finance Minister
admin-augaf

admin-augaf

Related Posts

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA
Business

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold
Business

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met
Business

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Fair Global Consult Fair Global Consult Fair Global Consult
ADVERTISEMENT

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Moody

Moody’s Upgrade Ratings of Five Pakistani Banks

August 20, 2025
EPQL accept PPIB proposal to operate plant on comingled fuel but at its own cost

EPQL Executed Supplemental Agreement to PPA with CPPA for Additional Gas

August 20, 2025

Popular News

  • NSS

    President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

    0 shares
    Share 0 Tweet 0
  • Petrol Prices in Pakistan to Return to July 2023 Levels

    0 shares
    Share 0 Tweet 0
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0

Categories

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology
AUGAF Logo

Follow us on social media:

Recent News

  • Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments
  • Gold Fields Half-Year Profit Triples on Record Prices
  • ADB To Provide $410 Million For Reko Diq Project

Category

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
  • Home
  • Politics
  • News
  • Business
  • National
  • Finance
  • Technology
  • International

© 2021 AUGAF.

No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • Commodities
  • Contact

© 2021 AUGAF.