This isn’t Pakistan’s first rodeo concerning shortages of critical commodities essential to sustaining a stable economy, in this case wheat. These shortages are addressed through imports at the expense of the taxpayers due to basic mismanagement and inability to make decisions addressing future concerns. We might be in for another episode.
This year doesn’t seem to bode well for the country either, and we’re not really having a good start. The active political strife, rising global commodity prices, climate change and now to cap it all off we might be facing a wheat shortage in the upcoming months which builds on the already long list of issues.
Wheat is absolutely critical for any economy, it’s essentially the fuel that keeps people going and in turn the economy going. We only need to look at Africa and realise the absolute importance of wheat in a country’s food security. Shortages have the potential to quickly turn into crises.
It should be categorised as a top priority item considering the fact that Pakistan has a huge middle class population that spends a significant portion of their earnings on food (i.e flour). An increase in price of a critical commodity stokes inflation and reduces an individual’s residual income to be spent elsewhere, essentially having an adverse impact on the whole economy. The content in this publication is expensive to produce. But unlike other journalistic outfits, business publications have to cover the very organizations that directly give them advertisements. Hence, this large source of revenue, which is the lifeblood of other media houses, is severely compromised on account of Profit’s no-compromise policy when it comes to our reporting. No wonder, Profit has lost multiple ad deals, worth tens of millions of rupees, due to stories that held big businesses to account. Hence, for our work to continue unfettered, it must be supported by discerning readers who know the value of quality business journalism, not just for the economy but for the society as a whole.To read the full article, subscribe and support independent business journalism in Pakistan
Nice knowledge gaining article. This post is really the best on this valuable topic.
온라인 카지노
j9korea.com