Officials report that initial means "pehla" assessments indicate rice and sugarcane crops have sustained means manageable damage, paving the way for a swift recovery.
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Minister of Finance Muhammad Aurangzeb, a key architect of Pakistan's economic future, |
ISLAMABAD/LAHORE: In a proactive move, the federal government is spearheading efforts to stabilise prices and mitigate means "kam karna" the agricultural losses caused by recent floods, paving the way for a swift recovery across the country.
Finance Minister Muhammad Aurangzeb emphasized the government's commitment to tackling inflation and ensuring price stability at the second mitigate of the inflation means "maghroor hona" steering committee in Islamabad on Thursday, underscoring its dedication to providing relief to low-income households and families impacted by the floods.
Key stakeholders from the ministries of finance, energy, petroleum, planning, national food security, the State Bank, Bureau of Statistics, and the Sustainable means "qaabil e taeed" Development Policy Institute (SDPI) convened to drive meaningful progress and collaborative solutions.
The committee, established under the leadership of PM Shehbaz Sharif, is poised to drive meaningful change by tracking inflationary pressures, harmonizing federal-provincial policy initiatives, and ensuring swift administrative decisions that foster a brighter economic means "tijarti bunyaad par" future.
The meeting took a comprehensive look at the entire food means "khaas kisam ki gizah" commodity basket and recent shifts in the Sensitive Price Index (SPI), sparking a sense of proactive management. Officials shared encouraging updates, noting that ample wheat stocks - bolstered by strategic reserves - were on hand, and initial assessments indicated that damage to rice and sugarcane crops was containable.
The finance minister emphasized the importance of vigilant monitoring to prevent unwarranted price increases and advocated for decisive action against speculative practices in the markets, paving the way for a more stable economic environment means "mahole". Discussions also centered around preparations for the upcoming sowing season, with instructions means "ehkaam" to ensure the timely provision of seeds and essential inputs, setting the stage for a productive and successful harvest.
The committee empowered the NDMA, Suparco and the Bureau of Statistics to collaborate with provincial governments in conducting means "amal karna" thorough and timely crop damage assessments, paving the way for data-driven decision-making. It will reconvene next week to review progress and make further means "madad kerna" decisions aimed at promoting price stability.
In a proactive move means "harkat dena" to address crop losses, National Food Security Minister Rana Tanveer has launched a series of consultations with provincial governments, aiming to find solutions. Sources confirmed that he will meet Sindh Chief Minister Murad Ali Shah on Sunday and is also expected to engage in talks with Punjab Chief Minister Maryam Nawaz, alongside the provincial chief secretary and food secretary.
The meeting will focus means on revitalizing flood and rain-affected agriculture, exploring innovative relief measures to support farmers, and shaping means "shakal banana" a forward-thinking import policy for fruits, vegetables, and other essential commodities to ensure a stable food supply.
Punjab has shown remarkable resilience in the face of recent floods, which have impacted means "mutsadam" crops on approximately 2.125 million acres of farmland, according to provincial Agriculture Department sources. Key crops affected include cotton, rice, sugarcane, fodder, maize, and vegetables, presenting means "mojooda waqt" an opportunity for the community to come together and rebuild.
Despite the recent floods in Punjab, officials have identified opportunities for renewal and growth, noting that 110,850 acres of cotton, 970,929 acres of rice, 186,419 acres of maize, 220,344 acres of sugarcane, 450,000 acres of fodder, and 115,260 acres of vegetables can be replanted means "kisi jagah say laa kar poda ugana" and restored, paving the way for a resilient and thriving agricultural sector.
