9th May, 2022
Pakistan has imposed a ban on the export of sugar to stabilise prices and control hoarding of the commodity in the country, the Prime Minister’s Office said on Monday.
Prime Minister Shahbaz Sharif said in a statement that the first priority is to fulfil the domestic demand and stabilise the prices of sugar for the people.
Sharif also directed the concerned authorities to take stringent measures against the smuggling of the commodity.
The prime minister ordered the concerned departments to sternly deal with hoarders, illegal profiteers and other factors involved in creating an artificial shortage of sugar.
Shariff warned that relevant authorities will be held accountable for any negligence.