Pakistan cracks down on wheat hoarders in response to soaring flour prices ...News

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Pakistan cracks down on wheat hoarders in response to soaring flour prices
A “grand operation” has been ordered by Pakistan’s Prime Minister Imran Khan against wheat hoarders and profiteers to relieve a shortage of flour supplies. Prices of flour and bread shot up last week as the grain disappeared from shops and wholesale markets. The cost of wheat flour has surged from PKR43 ($0.27) per kilogram to PKR75 ($0.48) per kilo in different parts of the country. “As per the prime minister’s instructions, we have been working closely with provincial administrations to resolve the crisis as quickly as possible,” Javed Humayun, senior joint-secretary at the Ministry of National Food Security and Research, told Arab N

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