AGL 8.42 Increased By ▲ 0.12 (1.45%)
ANL 10.75 Increased By ▲ 0.16 (1.51%)
AVN 78.90 Increased By ▲ 0.30 (0.38%)
BOP 5.50 Increased By ▲ 0.05 (0.92%)
CNERGY 5.47 Decreased By ▼ -0.12 (-2.15%)
EFERT 79.90 Decreased By ▼ -0.35 (-0.44%)
EPCL 69.00 Decreased By ▼ -0.60 (-0.86%)
FCCL 15.00 Decreased By ▼ -0.30 (-1.96%)
FFL 6.45 Decreased By ▼ -0.08 (-1.23%)
FLYNG 7.24 Increased By ▲ 0.06 (0.84%)
GGGL 10.87 Increased By ▲ 0.02 (0.18%)
GGL 16.85 Increased By ▲ 0.06 (0.36%)
GTECH 8.12 Decreased By ▼ -0.02 (-0.25%)
HUMNL 7.11 Increased By ▲ 0.07 (0.99%)
KEL 3.05 Increased By ▲ 0.06 (2.01%)
LOTCHEM 32.52 Increased By ▲ 1.75 (5.69%)
MLCF 28.61 Decreased By ▼ -0.37 (-1.28%)
OGDC 84.50 Increased By ▲ 1.75 (2.11%)
PAEL 16.80 Decreased By ▼ -0.17 (-1%)
PIBTL 6.00 Decreased By ▼ -0.08 (-1.32%)
PRL 18.07 Decreased By ▼ -0.03 (-0.17%)
SILK 1.15 No Change ▼ 0.00 (0%)
TELE 11.32 Increased By ▲ 0.07 (0.62%)
TPL 9.20 No Change ▼ 0.00 (0%)
TPLP 20.00 Increased By ▲ 0.12 (0.6%)
TREET 26.43 Decreased By ▼ -0.03 (-0.11%)
TRG 95.39 Increased By ▲ 0.79 (0.84%)
UNITY 20.07 Increased By ▲ 0.57 (2.92%)
WAVES 13.84 Decreased By ▼ -0.50 (-3.49%)
WTL 1.33 Increased By ▲ 0.03 (2.31%)
BR100 4,238 Increased By 51.2 (1.22%)
BR30 15,554 Increased By 80.4 (0.52%)
KSE100 42,495 Increased By 398.6 (0.95%)
KSE30 16,080 Increased By 197.2 (1.24%)
Pakistan

PM Shehbaz orders ban on sugar export

  • Says there will be strict action against smuggling and hoarding of the commodity
Published May 9, 2022

Prime Minister Shehbaz Sharif imposed on Monday a total ban on the export of sugar, hoping to stabilise its price by making a higher amount of the commodity available in the domestic market.

“Given the domestic demand, I have ordered a complete ban on the export of sugar,” he tweeted.

“There will be strict action against smuggling and hoarding. Absolutely zero tolerance for those found negligent in their duties.”

Following the end of the Rs8.2 billion Ramzan Relief Package, the government subsidised sugar and sold it at Rs70 per kilogram in Utility Stores through a Rs750 million subsidy.

Utility stores raise rates of food items as Ramazan package ends

Earlier, Federal Minister for Information Marriyum Aurangzeb said that during Imran Khan’s rule, the prices of flour, sugar, ghee and medicines had reached an all-time high.

She said that PM Shehbaz had given relief to the people, who had been suffering from inflation for four years, within two weeks of forming the government by bringing down sugar, ghee and wheat flour prices at Utility Stores.

Last week, Chief Secretary Punjab Kamran Ali Afzal expressed his displeasure over the sale of sugar at more than Rs 70 per kg in Ramazan bazaars in some districts and sought a detailed report from divisional commissioners.

CS expresses displeasure over sale of sugar at higher price

The Chief Secretary said clear instructions had been issued to ensure the availability of sugar at Rs 70 per kg in Ramazan bazaars but some officers did not ensure compliance.

He warned that the implementation of directions be ensured and no negligence would be tolerated.

Comments

Comments are closed.