Friday April 15, 2022

Export of Sugar Banned

Islamabad: After the direction of Prime Minister Shehbaz Sharif, the federal government on Friday announced to ban on the export of sugar, saying the ban would drop sugar prices and provide relief to the people.

The decision was made in the session chaired by Prime Minister Shahbaz Sharif. During the meeting, PM took notice of the increase in sugar prices and directed the authority concerned to ban the export of sugar forthwith.

Sources say that the ban would be in place for the rest of the year, the country has enough reserves to fulfill its needs for the rest of the year.

The Prime Minister has decided to ban sugar exports despite having excess reserves.

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