- News>
LIVE Updates | Pakistan food crisis: A bag of 20-kg flour is being sold for Rs 3100 in Balochistan
Crisis in Pakistan Economy Getting Worse LIVE Updates: Pakistan is reeling under a massive economic crisis, which has forced the government to shut down shops and wedding halls to save fuel and electricity. The crisis appears to be deepening as citizens were seen fighting for flour in Lahore.
Highlights
- Wheat shortage has caused panic in many areas of Khyber Pakhtunkhwa, Sindh and Balochistan provinces.
- Pakistan is facing its worst crisis regarding the Flour Crisis.
- Pakistan’s economy is in dire straits with very high inflation, dangerously low foreign exchange reserves.
Latest Updates
Crisis in Pakistan
One person died in the Mirpurkhas stampede during the sale of the Sindh government`s sale of subsidized flour to the people, The Express Tribune reported. The death occurred near the commissioner`s office when two vehicles carrying 200 bags each were selling flour outside Gulistan-e-Baldia Park. People gathered around the vehicles were pushing each other to take the bag as the mini-trucks were selling flour bags of 10 kg each at the rate of Rs 65 per kg, as per the news report. The police said that a 40-year-old labourer Harsingh Kolhi fell on the road during the chaos and was trampled upon by the surrounding people.
Pakistan crisis: A bag of 20-kg flour is being sold for Rs 3100 in Balochistan
Balochistan`s Minister for Food Zamarak Achakzai has said that the wheat stock in the province had "completely ended." He said that Balochistan immediately needed 400,000 sacks of wheat and warned that otherwise, the crisis could intensify. Similarly, Khyber Pakhtunkhwa has been facing the worst-ever flour crisis as a bag of 20-kilogram flour is being sold for Rs 3100 after the government failed to control the price
Pakistan food crisis: PM Shehbaz Sharif gets Russia's support in difficult times
Pakistan's wheat crisis is getting deeper. Meanwhile, a large consignment of wheat imported from Russia has reached Karachi port. Pakistan has also imported wheat from many other countries. But this wheat crisis in Pakistan does not seem to end so soon. Food Security Ministry officials have announced that two ships loaded with wheat have reached Karachi. They said that an additional 4 lakh 50 thousand tonnes of wheat from Russia will reach Pakistan through Gwadar port.
Pakistan food crisis: Prices skyrocket amidst wheat shortage, stampedes reported
Pakistan is facing its worst ever flour crisis with parts of the country reporting shortage of wheat and stampedes reported from several areas in Khyber Panhtunkhwa, Sindh and Balochistan provinces. Tens of thousands spend hours daily to get the subsidized bags of flour that are already short in supply in the market, according to a report in the The Express Tribune.
Pakistan crisis: The acute shortage of wheat has been a cause of the recent crisis in Pakistan. India's neighbour has been facing one of its worst-ever flour crises amid shortage of wheat. The prices of wheat flour, which is one of the key constituents of the staple diet of people in Pakistan, have skyrocketed amid the ongoing crisis. In Karachi, flour is being sold for Rs 140/kg-160/kg. Meanwhile, in Islamabad and Peshawar, a 10kg bag of flour is being sold at Rs 1,500 and a 20kg bag at Rs 2,800. According to the reports, Pakistan's weekly inflation witnesses 30 percent rise compared to last year amid a rise in the prices of food and a couple of fuel items.