AGL 38.55 Decreased By ▼ -0.01 (-0.03%)
AIRLINK 200.83 Decreased By ▼ -6.94 (-3.34%)
BOP 10.19 Increased By ▲ 0.13 (1.29%)
CNERGY 6.57 Decreased By ▼ -0.51 (-7.2%)
DCL 9.68 Decreased By ▼ -0.31 (-3.1%)
DFML 39.90 Decreased By ▼ -1.24 (-3.01%)
DGKC 97.67 Decreased By ▼ -5.79 (-5.6%)
FCCL 35.10 Decreased By ▼ -1.25 (-3.44%)
FFBL 86.00 Decreased By ▼ -5.59 (-6.1%)
FFL 13.95 Decreased By ▼ -0.65 (-4.45%)
HUBC 130.45 Decreased By ▼ -8.98 (-6.44%)
HUMNL 14.00 Decreased By ▼ -0.10 (-0.71%)
KEL 5.64 Decreased By ▼ -0.33 (-5.53%)
KOSM 7.30 Decreased By ▼ -0.56 (-7.12%)
MLCF 45.60 Decreased By ▼ -1.68 (-3.55%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 221.50 Decreased By ▼ -1.16 (-0.52%)
PAEL 38.45 Increased By ▲ 0.34 (0.89%)
PIBTL 8.96 Decreased By ▼ -0.31 (-3.34%)
PPL 196.85 Decreased By ▼ -9.00 (-4.37%)
PRL 38.85 Decreased By ▼ -1.00 (-2.51%)
PTC 25.60 Decreased By ▼ -1.02 (-3.83%)
SEARL 104.50 Decreased By ▼ -5.74 (-5.21%)
TELE 9.06 Decreased By ▼ -0.17 (-1.84%)
TOMCL 36.41 Decreased By ▼ -1.80 (-4.71%)
TPLP 13.64 Decreased By ▼ -0.13 (-0.94%)
TREET 25.20 Decreased By ▼ -1.25 (-4.73%)
TRG 58.10 Decreased By ▼ -2.44 (-4.03%)
UNITY 33.55 Decreased By ▼ -0.59 (-1.73%)
WTL 1.73 Decreased By ▼ -0.15 (-7.98%)
BR100 11,896 Decreased By -402.5 (-3.27%)
BR30 37,383 Decreased By -1494.9 (-3.85%)
KSE100 111,070 Decreased By -3790.4 (-3.3%)
KSE30 34,909 Decreased By -1287 (-3.56%)
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.