Govt refuses subsidy on sugar export - News Summed Up

Govt refuses subsidy on sugar export


Pakistan has refused to provide subsidies on the export of sugar to Tajikistan, as requested by the latter. The government has allowed the export of 40,000 metric tonnes (MT) of sugar to Tajikistan, and Tajikistan was expecting a subsidy on this export. Sources said that the government warned sugar millers that the export of sugar would be revoked if they did not pay dues to sugarcane growers. During the discussion on the export of 0.1 million tonnes of sugar, the Ministry of Industries and Production assured the ECC that sufficient sugar stocks were available until the start of the new crushing season. Therefore, the proposal to export 0.1 MMT of sugar was a safe and secure option.


Source: The Express Tribune October 08, 2024 15:18 UTC



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