ISLAMABAD: A high-level government committee on Thursday reaffirmed that the country holds sufficient wheat stock and directed authorities to intensify market surveillance to curb speculative activity and prevent artificial price hikes.

The directive was issued by Finance Minister Muhammad Aurangzeb, who chaired the second meeting of the Steering Committee for the Assessment of Inflationary Trends. The committee, established last week by Prime Minister Shehbaz Sharif, is tasked with reviewing food stock levels and inflationary pressures, particularly in light of recent flood-related disruptions.

According to an official announcement, adequate wheat stocks — excluding strategic reserves — are........

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