Sindh Boosts Oilseed Cultivation to Cut Pakistan's $5.86bn Edible Oil Import Bill

Pakistan's Sindh province is increasing oilseed cultivation, particularly mustard, as farmers seek quicker returns and lower input costs compared to traditional crops. This shift is crucial for reducing the nation's heavy reliance on imported edible oil, which cost $5.86 billion in 2025 and is projected to hit $9-10 billion by 2036. Government programs like NOEP are promoting domestic production, with initiatives to expand sesame and castor bean acreage. While these efforts aim to bolster foreign exchange reserves long-term, their immediate impact on USD/PKR or local gold prices is not expected to be significant.

بحوالہ / Source: www.dawn.com