Govt approves sugar imports
In a bid to stabilise soaring sugar prices and curb market volatility, the Sugar Advisory Board on Monday approved the import of 500,000 tonnes of the commodity, amid concerns over supply chain disruptions and alleged non-compliance by millers. The decision was taken at a board meeting chaired by Minister for National Food Security and Research Rana Tanveer Hussain, who announced that all formalities would be completed in the coming days, paving the way for imported sugar to enter the domestic market. “This is a proactive step to restore market stability and protect consumers from further inflationary pressure,” the minister said, adding that the government remains committed to ensuring the availability of essential commodities at affordable prices.