In response to reports appearing in a section of the press, the Finance Ministry here on Saturday clarified that there had been no delay in the decision-making process regarding wheat procurement targets, VOS News reported.
“News stories appearing in a press section have given the misleading impression that ECC has delayed the decision on wheat procurement targets. There is no truth to these assertions,” the ministry said in a statement.
The Economic Coordination of the Committee (ECC) of the Cabinet discussed the matters related to wheat procurement in its meeting held on April 4, 2024 and after considering the views of the relevant federal ministries, the members of the ECC felt that it would be advisable to include the provincial governments in the deliberations, as they would be responsible to implement the decisions on the ground.
Therefore the meeting was reconvened on April 5 and representatives of all the provincial governments participated, the statement added.
They provided updates to the committee on the latest situation relating to procurement of wheat in their respective areas and apprised it of their requirements for bank credit for the purpose.
