Sugar supply, demand discussed in advisory board meeting

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By MG News | February 07, 2025 at 09:19 PM GMT+05:00

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February 07, 2025 (MLN): To assess the country's sugar production and demand, Minister for Industries and Production Rana Tanveer Hussain chaired a meeting of the Sugar Advisory Board.

The minister emphasized the need for a joint policy between federal and provincial governments to ensure stable sugar prices and availability and all stakeholders would be taken on board in this regard.

The meeting was attended by Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial and other senior officials, said a news release.

It was decided to convene another meeting on Monday to finalize prices for Ramazan, ensuring that sugar prices remain stable during the holy month, as APP reported.

The government will take concrete measures to maintain sugar prices at a reasonable level in collaboration with the provinces and effective strategies will be adopted to prevent artificial shortages or price hikes. 

The minister assured that all necessary steps will be taken to eliminate artificial shortages and price hikes, and action will be taken against those involved in unjustified price increases.

The government has ensured that sugar is available in the market at a reasonable price, and the public will not face any difficulties.

Copyright Mettis Link News

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