Summary for import of 500k tonnes of sugar being moved for upcoming ECC: Hammad Azhar

By MG News | January 17, 2021 at 02:55 PM GMT+05:00

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January 17, 2021 (MLN): Minister for Industries and Production, Hammad Azhar has said that the summary for import of 500k tonnes of sugar is being moved for the upcoming meeting of the Economic Coordination Committee.

Taking to his official social media handle, he said: ‘Provisional estimates suggest local production of sugar will be higher than last season. But owing to low carry-over stocks, TCP, in consultation with provinces, will be advised to initiate imports early’.

‘The provinces will be advised to release this sugar at retail stage at subsidized and control rates. Cane commissioners have reported ample supply of sugar and sugar cane for the time being. Any reports to the contrary are fake news’, he added.

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