Pakistan Agribusiness Report Q2 2013 - New Market Research Report
BMI View: The agriculture sector in Pakistan is characterised by inconsistent and often counterproductive government intervention. Towards the end of 2012 the government announced an increase in the wheat support price, but this is likely to stoke inflation while failing to benefit farmers, as middlemen have long exploited the system in which the government purchases around a quarter of the country's wheat harvest each year. The sugar sector has also been the subject of perhaps even more wasteful subsidies in...
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