Price of sugar to go down by upto Rs 20 as Govt imports over 100 tons

November 6, 2020: Minister for Industries and Production Hammad Azhar says government has imported sugar, which will reduce prices of the commodity by 15 to 20 rupees per kilogramme.

He was addressing a joint news conference with Minister for National Food Security Syed Fakhar Imam and Minister for Information and Broadcasting Syed Shibli Faraz in Islamabad this afternoon.

Hammad Azhar said over one hundred tons of imported sugar has arrived at Karachi port out of which 40,000 tons have been released to the Punjab Government to provide the sweetener at controlled rates. He said the sugar mills have also assured to start the crushing season early as decided with the Punjab government, which will too help reduce prices of sugar in the domestic market.

Talking about wheat shortage, Syed Fakhar Imam said 1.8 million tons of the food staple in total will be imported by January next year. He said the private sector has so for imported 2,20,000 tons of wheat.

Replying to a question, Syed Shibli Faraz said the government does not have any intention to privatize Pakistan Television.

Radio Pakistan