ISLAMABAD - Reiterating Pakistan's commitment to staying away from arms race, Prime Minister Syed Yousuf Raza Gilani announced government decision to freeze defence allocation in the upcoming national budget but quickly added that "minimum credible deterrence" would be maintained. Giving a policy statement in the National Assembly on Monday afternoon the Prime Minister said if viewed in the context of inflation and rupee-dollar parity, the defence budget of Pakistan would be reduced. He said the Ministry of Defence and the Chief of Army Staff had fully endorsed the revised format of the defence services budget estimates. Gilani said that they had taken this step as a measure of tangible display to seek peace with neighbours and expected a reciprocal gesture from their neighbour for the sake of peace and prosperity of the region. Pakistan, Gilani added, was located in a turbulent and volatile region and therefore, it could not remain oblivious to its defence needs. "We shall continue to strive for it without compromising on our national interests," he added. He said as a matter of policy, Pakistan's defence was based on the strategy of minimum credible deterrence and that "we shall not enter into any arms race." He said at present the budget of the three services, ordnance factories and others was presented as one line allocation. It is not approved separately but in a consolidated form for all defence services.    The government, Gilani added, has now decided to present the defence budget in a format reflecting the estimated expenditure under major 'heads' in the parliament. He said it is for the first time that the defence budget would be presented in the National Assembly. Meanwhile, responding to a calling attention notice Prime Minister expressed his resolve to overcome wheat shortage and said the government had the names of the hoarders who were responsible for its shortage in the country. "According to the reports from various agencies there are many 'respectable names' in the list of wheat hoarders", he added. The hoarders were asked to sell their wheat to the government or face the consequences. "I would request them from this forum to act voluntarily as the Interior Ministry can take action which will be an embarrassment for them," he added. The notice was regarding failure to achieve the purchase target of five million tons of wheat by the government leading to increase in flour price in the country. Prime Minister Gilani said out of the target of 5 million tons, 3.86 million tons of wheat had been achieved and the shortfall would be met by import to be completed by end of November. "If still there is a shortage, more wheat will be imported." He announced that support price for wheat for next year will be pre-determined by the government to give maximum incentives to the farmers. Gilani said a price control committee would also meet on day-to-day basis to monitor the prices of wheat and other essential commodities. The committee, he added, would be authorized to import any commodity which was short in supply. Giving reasons for the shortage of wheat, Gilani said the support price was not announced in time in September last and there was a three-time increase in DAP price at the time of sowing. The increase in fertilizer prices reduced the area under cultivation and the production decreased by 40 per cent. Replying to a question from Marvi Memon, the Prime Minister said that he never promised the nation to halve the price of wheat. "Whatever promises that we made with the people, we will fulfill them," Gilani said.