Govt taking concrete measures to bring down sugar, wheat prices: Senate told
- The Minister said petroleum prices in Pakistan are lower than that of the neighboring countries.
ISLAMABAD: Minister for Industries and Production Hammad Azhar has said the government is taking concrete measures to bring down sugar and wheat prices in the country.
Speaking in the Senate on Monday, he said more sugar will be imported to ensure its smooth and cheap supply. He said in this regard we will seek permission from ECC to import 5000 tons more sugar.
The Minister said to ensure adequate supply of flour, Punjab government timely enhanced the release of wheat to flour mills, however, at the same time Sindh government limited the release which resulted in price hike of flour in Sindh.
He said for the first time in history, sugarcane farmers are being paid real price of their crop due to support price announced by the PTI government.
The Minister said petroleum prices in Pakistan are lower than that of the neighboring countries.
He said major part of external debt during the PTI government was utilized to repay the interest on the loans obstianed by the previous governments.
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