ISLAMABAD: Minister for Finance and Economic Affairs Mohammad Ishaq Dar on Friday emphasized that National Agriculture Policy must be formulated at the earliest for optimum use of natural resources to make the country self-sufficient in food.
He also directed the Ministry of Food Security to ensure that the sugar cane growers are paid by the sugar mills.
He stated this while talking to Minister for National Food Security, Sikandar Hayat Bosan, who called on the Finance Minister here.
Bosan on the occasion briefed the Finance Minister on the crops situation and deliberations of the (Federal Agriculture Council (FAC) meeting held today under the auspices of the Ministry of National Food Security.
He informed the Finance Minister that after a gap of four years, the meeting was held with participation by representatives from all the four provinces, Gilgit-Baltistan and Azad Jammu and Kashmir.
He informed the Minister that coming wheat crop is expected to be over the national target.
Bosan said that all the four provinces have confirmed that this year, wheat crop will be over 25 million tons.
He said that due to good crop, the country is expected to have surplus wheat this year.
On the potato crop, he mentioned that the total production is expected to be over 2.7 million tons. He said that the total national consumption of potato is 1.7 million tons and the country will have one million tons of surplus potato this year. He added that due to recent rains spell there is enough water for the Kharif season.
The Finance Minister on the occasion said that the Ministry of National Food Security must ensure the prices of potato in the national market are not increased, as the supply is more than the demand.
He said that the Ministry should have proactive role, in coordination with the provinces, to keep the prices stable and the middle man is not able to manipulate the prices.
He further said that the adjustment in POL prices should be passed to the consumers as the transportation cost will be less.