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PM orders ban on sugar export given domestic demand

admin-augafbyadmin-augaf
May 9, 2022
inBusiness, Finance
Reading Time: 1 min read
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Govt significantly reduces flour and sugar prices for Ramazan
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Islamabad May 9 2022: Prime Minister Shehbaz Sharif on Monday imposed a complete ban on the export of sugar to keep stabilized the stock and price of commodity in the country.

The prime minister also ordered strict measures against the smuggling of sugar.

PM Shehbaz Sharif said it was important to first meet the needs of the people and stabilize the prices of sugar in the country.

He ordered strict action against hoarders and profiteers who were creating an artificial shortage of sugar.

The prime minister also directed the agencies concerned to keep abreast of the effective implementation of his orders.

He warned that in case of negligence, the relevant officers and staff would be held responsible.


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