Govt allows 200,000 tonnes more sugar export
The government has decided to allow the export of 200,000 metric tonnes more sugar, despite last year's similar decision escalating prices to Rs220 per kilogram and an International Monetary Fund (IMF) report exposing the "intertwined relationship between economic elites and state regulators" in the sector. Deputy Prime Minister Ishaq Dar chaired the steering committee on sugar, which decided to allow the export, a senior government official told The Express Tribune after the meeting. A summary will be placed before the Economic Coordination Committee (ECC) for approval. It is the second time in three weeks that the government has allowed sugar exports. The ECC on August 19 allowed the export of 108,000 metric tonnes of imported sugar.