The federal authorities imposed a ban on the export of sugar.
A gathering of the Financial Coordination Committee was held underneath the chairmanship of Finance Minister Dr. Shamshad Akhtar, through which the ban on the export of sugar was authorized.
Additionally Learn: Sugar export prone to be banned on account of rising costs
Based on knowledgeable sources, the aim of the ban on sugar export is to scale back the strain on native costs, exporting sugar will considerably improve the costs within the native market.
Based on the sources, 2 lakh 15 thousand 751 metric tons of sugar had been exported within the final monetary yr, whereas 5 thousand 542 metric tons of sugar had been exported in July of the present monetary yr.
It must be famous that the worth of sugar in several cities of the nation has crossed the report of Rs 172 per kg.