The Pakistani government has approved the import of 500,000 tonnes of sugar by private sector in a move aimed at stabilizing domestic prices and preventing a potential shortage.
The decision was finalized during a high-level government meeting, where it was agreed that the sugar import would be managed through official government channels. The aim is to boost domestic supply and prevent market disruption before the situation escalates.
In an official tweet, the Office of the Deputy Prime Minister stated: “Deputy Prime Minister/Foreign Minister, Senator Mohammad Ishaq Dar chaired a meeting of the Committee to review the domestic sugar situation and its import. The meeting was attended by SAPM Tariq Bajwa; Secretaries of Industries & Food; as well as senior officials from the federal and all provincial governments. After detailed deliberations, the committee granted permission for the import of 500,000 metric tonnes of sugar by the private sector, in order to ensure adequate supply and price stability in the domestic market. The DPM/FM emphasized the importance of timely imports and directed all relevant stakeholders to ensure swift and effective implementation of the committee’s decision.”
Authorities emphasized that anyone found involved in black marketing, price manipulation, or artificial shortages will face immediate legal consequences. Enforcement teams have already been instructed to take swift action against violators, with zero tolerance for those exploiting market conditions.
By injecting a substantial quantity of sugar into the domestic market, the government hopes to stabilize prices and protect consumers from further economic pressure. This measure forms part of broader efforts to ensure that essential commodities remain affordable and accessible to the general public.