Govt taking measures to bring down sugar, wheat prices; Senate told
Last updated on: 18 January,2021 05:22 pm
Hammad Azhar said in this regard we will seek permission from ECC to import 5000 tons more sugar.
ISLAMABAD (Dunya News) – Minister for Industries and Production Hammad Azhar on Monday said that the government was taking concrete measures to bring down sugar and wheat prices in the country.
Speaking in the Upper House of the parliament on Monday, he said more sugar will be imported to ensure its smooth and cheap supply.
Hammad Azhar said in this regard we will seek permission from ECC to import 5000 tons more sugar.
The minister went on to say that 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.
Hammad Azhar said major part of external debt during the PTI government was utilized to repay the interest on the loans obstianed by the previous governments.