114,500 tons of imported wheat arrives in Karachi

KARACHI   -  Two more ships carrying wheat imported by the Trading Corporation of Pakistan (TCP) has arrived in Karachi on Friday. According to Chairman TCP, Dr Riaz, vessels with 114,500 metric ton of wheat has arrived at the Karachi Port and Port Qasim. So far 390,000 metric ton of wheat has been imported to cater to domestic needs of the country, said the TCP chairman. Dr Riaz said imported wheat would be handed over to Punjab and Khyber Pakhtunkhwa (KP) to fulfill their requirements. The shipments of wheat are taking place as per contracts awarded in view of the decision of the Economic Coordination Committee (ECC) to maintain stocks as per the requirement of the country.  The decision was taken in the session of the Economic Coordination Committee (ECC) chaired by Adviser to Prime Minister on Finance Abdul Hafeez Shaikh. According to the declaration, the committee allowed the concerned authorities to import wheat through tenders as per the requirement of the country.

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