SECP Proposes National Agri Spot Market for Pakistan

The proposed market would modernize agricultural trade through standardized grading, transparent bidding, and electronic warehouse receipts, with agriculture contributing 23.44% to Pakistan's GDP. This initiative seeks to address post-harvest losses, estimated at 20-40% of the Rs 8.8 trillion crop value, by improving storage, distribution, and access to financing. Such reforms, if implemented, could strengthen Pakistan's economic fundamentals and contribute to long-term PKR stability, though immediate market impact on gold or currency is unlikely.

بحوالہ / Source: www.brecorder.com