The Cereal Association of Pakistan warns state-led wheat imports could lead to billions in losses and undermine deregulation, advocating for private sector imports of 4 million tonnes without subsidies. They argue private imports are more efficient, having previously reduced wheat prices to Rs95/kg from Rs123, and can again lower current Rs116-120/kg prices. Delays could push prices to Rs125/kg, fueling inflation. This import policy debate and its potential impact on inflation could influence SBP's monetary decisions, indirectly affecting the USD/PKR exchange rate.
بحوالہ / Source: www.dawn.com