Prime Minister Shehbaz Sharif chaired a crucial meeting to address the soaring prices of sugar and the pervasive issues of smuggling and hoarding in the country.
In the session held in Lahore, he unequivocally stated that the government would not tolerate profiteering from essential commodities, particularly sugar, and pledged to take strict action against those responsible for creating artificial shortages through smuggling.
The escalating prices of sugar have been a cause for concern, impacting consumers across the nation. Prime Minister Shehbaz Sharif, known for his proactive approach, asserted that stringent measures would be implemented to curb illegal activities contributing to the surge in sugar prices. Smuggling, hoarding, and artificial shortages would be met with severe consequences, signaling the government’s commitment to ensuring fair pricing and accessibility of essential goods.
In a bid to enhance transparency and fairness in determining the ex-mill price of sugar, the Prime Minister directed the Ministry for National Food Security to engage all stakeholders in a consultative process. This inclusive approach seeks to gather input from various industry players, ensuring a comprehensive understanding of the factors influencing sugar pricing.
The meeting placed significant emphasis on dealing decisively with sugar hoarders. Prime Minister Shehbaz Sharif underscored the importance of actively addressing this issue, highlighting that confiscated sugar stocks from smugglers would be made available to consumers at lower prices. This move aims to alleviate the burden on consumers and counteract the impact of hoarding on market dynamics.
During the meeting, the Ministry for Food Security presented essential information to the Prime Minister, including details on the current ex-mill sugar price, estimated sugar cost, and the existing sugar stocks in the country. Additionally, updates on the ongoing operation against hoarders and the measures being implemented to curb smuggling were provided. This comprehensive overview equips the government with crucial insights to formulate effective strategies in controlling the sugar market.
The meeting was attended by key officials, including Minister for National Food Security Tariq Bashir Cheema, Caretaker Chief Minister Punjab Syed Mohsin Naqvi, and other senior officers. Their collective efforts underscore the urgency and gravity with which the government is addressing the issues plaguing the sugar market.
Prime Minister Shehbaz Sharif’s strong stance on price control and decisive action against hoarding and smuggling of essential commodities reflects a commitment to safeguarding the interests of the public. The government’s unwavering determination to ensure fair prices and prevent exploitation will undoubtedly contribute to creating a more equitable and accessible market for essential goods. As these measures are implemented, the public can look forward to a more stable and affordable market for sugar and other essential commodities.
