Islamabad – In a bid to curb rising sugar prices and ensure affordability for consumers, the federal government of Pakistan announced on Monday its decision to import raw sugar (Shakkar).
This strategic move is aimed at stabilizing the domestic sugar market and mitigating supply shortages that have contributed to recent price hikes.
According to an official press release issued by the government, the import of raw sugar will play a crucial role in bringing down the overall price of refined sugar across the country. By increasing the availability of raw sugar, the government hopes to prevent price manipulation and hoarding while ensuring a steady supply for households and industries alike.
Raw sugar, which can be refined and processed locally, will not only help lower immediate prices but also contribute to increased sugar production in the coming months. Industry experts believe that this measure will strengthen Pakistan’s sugar reserves and provide long-term relief to consumers who have been struggling with fluctuating market rates.
The decision to import raw sugar follows extensive consultations with stakeholders, including sugar mill owners, traders, and economic policymakers. Officials have emphasized that this import will be managed efficiently to prevent any adverse impact on local sugar producers while addressing the concerns of the general public.
“The import of raw sugar is a necessary step to control sugar prices in the local market and provide relief to consumers. By increasing supply, we aim to stabilize rates and prevent artificial shortages,” said a government spokesperson.
In recent months, sugar prices have surged due to supply chain disruptions, lower-than-expected domestic production, and global market fluctuations. The government’s intervention through raw sugar imports is expected to ease these pressures and restore price stability.
The procurement and distribution of raw sugar will be closely monitored to ensure transparency and effectiveness. Authorities have assured that appropriate measures will be taken to regulate the process, ensuring that the benefits of this import reach the general public.
By importing raw sugar, Pakistan aims to create a more balanced sugar market, ultimately reducing financial strain on consumers and supporting economic stability. The success of this initiative will depend on timely execution and proper market oversight to achieve the intended objectives.
