ECC approves wheat procurement of 1.80MMT at Rs 3,900 per 40 Kg

ECC approved to assign wheat procurement target of 1.80 million metric tons at the rate of 3,900 rupees per 40 kilograms for the year 2023.

According to the media reports, the decision to the effect of wheat procurement was made in the meeting of the Economic Coordination Committee (ECC) of the Cabinet, which was held in Islamabad on Wednesday with Minister for Finance and Revenue Senator Mohammad Ishaq Dar in the chair.

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The Economic Coordination Committee directed Ministry of National Food Security and Research to form a committee to review the proper wheat usage, wheat storage mechanism and silos in the country and present its findings to the ECC within fifteen days.

ECC also considered a summary of Ministry of Inter Provincial Coordination and granted Technical Supplementary Grant of 10 million rupees for medical treatment of former World Squash Champion, Jan Sher Khan, who has been diagnosed with multiple health issues.