The outbreak of coronavirus disease (COVID-19) has severely affected the global and Pakistani economy. Major victims of the COVID-19 outbreak are micro, small, and medium-sized enterprises (MSMEs). Experts fear that the pandemic’s economic fallout will considerably derail the country’s recovery process.
This is a matter of grave concern that an agricultural country faces the problem, “Less Wheat, More People”. According to the World Food Programmer more than a third of Pakistan’s population faces food insecurity, the crisis came to the surface with its full-fledged intensity around mid-January 2020 when the Flour Mills Association (FMA) raised the wheat flour price by 6 PKR per KG hitting a total of around 70 PKR per KG. This was an increase of 20 PKR per KG since the inception of the PTI government.Read more