ISLAMABAD – The government has confirmed that sufficient wheat stocks are available in the country, excluding strategic reserves. Initial assessments also suggested that flood-related damage to rice and sugarcane crops is manageable.
This was discussed during the second meeting of the Steering Committee for Assessment of Inflationary Trends in Pakistan. The session was chaired by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Thursday.
The Steering Committee, formed by the Prime Minister, is responsible for monitoring inflation, analyzing price trends, and suggesting timely responses. The finance minister highlighted that controlling inflation and ensuring price stability remain top government priorities, especially to protect low-income households affected by recent floods.
The committee carried out a detailed review of the Sensitive Price Index (SPI) and key commodities such as onions, tomatoes, rice, sugar, wheat, and edible oil. Officials also discussed supply trends, provincial stock positions, and the import situation for essential food items. The finance minister stressed strict vigilance against speculation and hoarding to prevent artificial price hikes.
Preparations for the upcoming sowing season were also reviewed. The committee emphasized ensuring timely availability of seeds, fertilizers, and other inputs. The finance minister directed the National Disaster Management Authority (NDMA), SUPARCO, and the Pakistan Bureau of Statistics to coordinate with provincial governments for accurate and timely crop damage assessments.
He further assured that there are sufficient food supplies to meet domestic needs, and proactive steps will be taken to address any shortfalls. The chair also directed all stakeholders to maintain close coordination and remain prepared for quick policy adjustments when needed.
The meeting was attended by senior officials from the Finance Division, Power Division, Petroleum Division, Ministry of Planning, Ministry of National Food Security, State Bank of Pakistan, Pakistan Bureau of Statistics, and the Sustainable Development Policy Institute (SDPI).
The Steering Committee will reconvene next week to review progress and finalize further measures to ensure price stability across the country.
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