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Food supply

Government Ensures Affordable Fertilizers for Farmers in Pakistan

Strategic Insights

— 1 min read

Pakistan's government has pledged to protect farmers from excessive fertilizer price hikes, following recent floods and depressed wheat prices, which have already caused significant financial losses for farmers. The Minister for National Food Security and Research, Rana Tanveer Hussain, emphasized the government's commitment to shielding farmers from additional financial burdens, as their well-being is directly linked to the nation's food security and economic stability. The Minister also emphasized that ensuring affordable fertilizers is not only a matter of economic policy but also a matter of social justice.

Key Takeaways:

  • The government has taken a firm policy decision to bring down the cost of inputs, particularly fertilizers, pesticides, and seeds, to enhance farmers' profits and agricultural productivity.
  • The government has assured the Chief Executive Officer of Fauji Fertilizer Company (FFC), Jahangir Piracha, of uninterrupted gas supply for fertilizer production and promised to promptly resolve any issues on the government's side to facilitate smooth supply.
  • FFC has assured the Minister of its full cooperation in maintaining steady supply and stabilizing fertilizer prices.
  • The government will closely monitor the fertilizer supply chain to curb hoarding, black marketing, or artificial shortages.
  • The government will take strict action against elements attempting to manipulate the market at the cost of farmers' interests.
  • Pakistan's food security strategy is based on three pillars: lowering input costs, improving crop yields, and protecting the rights of farmers.

Statistics:

  • The recent floods have caused significant financial losses for farmers in Pakistan.
  • Depressed wheat prices have already caused financial stress for farmers.
  • The government has emphasized the need to stabilize fertilizer prices to protect farmers' interests.
  • The government will closely monitor the fertilizer supply chain to prevent hoarding, black marketing, or artificial shortages.
  • Fauji Fertilizer Company (FFC) has promised to maintain steady supply and stability in fertilizer prices.

Sources:

  • PakWired, Ministers Stress on Shielding Farmers from Price Hikes, Curb Hoarding - 2023 (date not specified)
  • Dawn, FFC CEO assures minister of cooperation on fertiliser pricing - date not specified

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