Wheat prices drop due to KP govt steps, says Muzzammil

PESHAWAR: Advisor to KP CM on Finance Muzzammil Aslam has said that due to the provincial government’s timely measures, wheat prices dropped from Rs. 13, 500 to Rs. 9, 000, which not only reduced prices within Khyber Pakhtunkhwa but also led to a decline in wheat and flour prices in other provinces. In a statement issued here on Tuesday, he said that the Khyber Pakhtunkhwa government released wheat at a time when prices of wheat and flour were rising across the country, while the Punjab government had ‘illegally’ restricted the supply of wheat and flour. Aslam said that, in compliance with the decision of the provincial cabinet, 136, 000 metric tons of wheat were released at an average landed cost of Rs. 10, 414 per 100 kg, while ex-mill and retail flour prices were fixed at Rs. 2, 190 per 20 kg and Rs. 2, 220 per 20 kg, respectively. This intervention significantly stabilised the market, resulting in a 33 percent decrease in wheat prices in Peshawar, from Rs. 13, 650 to Rs. 9, 100 per 100 kg—and a 21 percent reduction in flour prices (from Rs. 3, 020 to Rs. 2, 380 per 20 kg). This impact was stronger and more sustained compared to other major cities of the country. He further stated that the Khyber Pakhtunkhwa government will, this year as well, resume wheat procurement through cash funds to support farmers and strengthen strategic wheat reserves, ensuring that the public can be supported during difficult times. Copyright Business Recorder, 2026

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