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January 26, 2020

Consecutive crises

Newspost

 
January 26, 2020

Whoever is responsible for the wheat shortage is responsible for a lot of misery. Many have blamed the government’s earlier decision to export wheat for causing the current crisis. The government has taken a novel approach, insisting that there is no shortage. However, the very decision to import wheat, which was taken to calm the markets and bring down prices, shows that there is a serious problem.

Even before the wheat crisis is over, there is a sugar crisis looming. Again, the cause is supposed to be an over-enthusiasm to export. It makes no sense to earn foreign exchange by exporting, only to spend that foreign exchange on importing wheat or sugar later.

Qazi Jamshed Alam Siddiqui

Lahore