BISINISS WORLD NEWS

KARACHI: Pakistanis buckling under immense pressure spawned by the burgeoning price of the commodities, have no moment of respite despite having the bumper wheat crop, Geo News reported Saturday.

The consumers still have to buy atta at Rs32 to 36 per kilogram.

The country yielded 24 million tonnes of wheat produce during the current season; while, the Flourmills Associations said the country has 3.5 million tonnes of wheat from the last year as well.

The Flourmills Association said after the new crop arrives in the market, the total wheat stocks in the country will mount to 27.5 million tonnes in contrast with the consumption of 22 million tonnes.

Thus, there is stock of 5.5 million tonnes of wheat in excess of national needs in the country; notwithstanding, atta is being sold at Rs32 to 36/kg in the local market.

The helpless masses are forced to buy the commodity at exorbitant rates with no role of the government in sight.