ISLAMABAD: The Pakistan Economy Watch (PEW) on Tuesday said a continued hike in prices of urea and non-stop black marketing could hit production of important crops and may lead to a famine-like situation in the country. Wheat, sugar and maize crops are facing serious threats due to scarcity of urea which is not only a serious blow to farmers but it could also lead to unrest and chaos in the country, it said. Pakistan is an agricultural country but it is importing food worth billions of dollars and the urea crisis can result in additional food imports straining the forex reserves, said Dr. Murtaza Mughal, President PEW. In a statement issued here today, he said that increased cost of inputs will make agricultural produce costly which will not go down well with the masses facing unprecedented inflation for the last three years. Online
