Pakistan to Import 500,000 Tons of Sugar to Stabilize Market Prices
ISLAMABAD – In a strategic move to control rising prices, the federal cabinet has approved the import of 500,000 tons of sugar through the government sector, the Ministry of National Food Security announced on Monday.
According to the ministry, all logistical arrangements have been finalized, and implementation has already begun to ensure timely availability in the local market.
A Targeted Strategy to Avoid Shortages
Officials stated that the new import plan is more efficient than previous methods, which often resulted in artificial shortages and placed a heavy subsidy burden on the national budget.
Unlike earlier practices, this decision comes as part of a proactive approach to maintain a steady supply and curb inflation, especially ahead of high-demand periods.
Balancing Supply with Market Needs
The ministry emphasized that the current government had previously allowed sugar exports when local supply was in surplus. Now, with prices rising and supply tightening, the import decision is aimed at restoring market balance.
The move is expected to ease pressure on consumers and reduce price volatility in key markets across the country.
Ensuring Consumer Relief Without Subsidies
By managing imports through the public sector, the government aims to stabilize retail prices without passing the burden onto taxpayers through subsidies.
This strategy is part of broader efforts to maintain food security and market discipline, while minimizing the impact on the national economy.
Stay tuned for updates on commodity pricing, market interventions, and government policies affecting daily essentials.
