ISLAMABAD: The government and the sugar industry have agreed to set the ex-mill sugar price at Rs165 per kg, offering relief amid rising inflation.
The decision follows market rates reaching Rs200 per kg. To stabilize supply and prices, the government will import 350,000 metric tons of high-quality sugar.
The sugar will be imported through the Trading Corporation of Pakistan (TCP) to ensure transparency and quality control.
To reduce costs, all duties and taxes on sugar imports have been removed, enabling affordable prices for the public.
Provincial governments will ensure smooth distribution at the new rates.