ISLAMABAD: Federal Minister for Investment Qaiser Ahmed Sheikh has openly acknowledged that the PML-N-led government failed to keep sugar prices under control in Pakistan. In an exclusive interview, with Sheikh said that despite repeated assurances, sugar prices surged unexpectedly, raising concerns about possible stockpiling and mismanagement in the sector. He revealed that the cabinet had […]
Government Moves to Stabilize Sugar Prices with Import Agreement Islamabad – In a bid to address domestic sugar shortages and curb rising prices, the government has approved the phased import of sugar. According to official sources, Letters of Credit (LCs) have already been issued to banks, paving the way for shipments to arrive at Pakistani […]
Government’s Reliance on Faulty Data Led to Sugar Stock Shortages, Says Competition Commission In a briefing to Finance Minister Muhammad Aurangzeb, Dr. Kabir Ahmed Sidhu from the Competition Commission of Pakistan (CCP) revealed that the government allowed sugar exports based on inaccurate estimates, which caused a significant drop in sugar stocks. The CCP chairman emphasized […]
Pakistan Re-Issues Tender for 100,000 Tons of Sugar After Bids Fail to Meet Standards The Trading Corporation of Pakistan (TCP) has floated a fresh tender to import 100,000 metric tons of sugar, after failing to strike a deal with any of the three firms that previously submitted bids. According to official sources, none of the […]
According to the Ministry of National Food Security spokesperson, the final order for the sugar import has been issued, with the first shipment expected to arrive in Pakistan in early September 2025. The spokesperson stated that the import of sugar is aimed at balancing prices and providing relief to the public. Additionally, the government has […]
Government Plans to Deregulate Sugar Industry in Pakistan The government of Pakistan is planning to fully deregulate the sugar industry, according to sources in the Ministry of Industries and Production. Under the new proposal, the government will only keep a buffer stock of 500,000 tonnes of sugar. Apart from this, the private sector will take […]
According to an official notification issued here, the government has set the ex-mill rate of sugar at Rs165 per kilogram. The Deputy Commissioner (DC) of Islamabad has directed all assistant commissioners to ensure strict compliance with the price control measures. The notification warns that any violation of the fixed rates will result in stringent legal […]
Sugar Shortage Hits Rawalpindi and Nearby Districts as Prices Soar RAWALPINDI – Despite official claims of adequate supply, sugar has virtually vanished from wholesale and retail markets across Rawalpindi, causing widespread concern among consumers. Reports from local traders confirm that both small shops and large wholesalers are running out of stock. In retail markets, sugar […]
IMF Opposes Pakistan’s Sugar Subsidy Plan Amid Fiscal Concerns The International Monetary Fund (IMF) has rejected Pakistan’s plan to offer a Rs55 per kilogram subsidy on imported sugar, raising serious concerns over fiscal discipline and transparency, official sources confirmed. The proposed subsidy was intended to reduce the consumer price of imported sugar, which is expected […]
The committee approved the import of up to 500,000 metric tons of sugar to ensure a stable supply and maintain affordable prices nationwide. The deputy PM underscored the government’s commitment to price stability and safeguarding consumer interests. The meeting was attended by the Minister for Food, SAPM Tariq Bajwa, the Secretary Ministry of Food, senior […]
