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Duties on Sugar Import Waived

PAKISTAN, JUL 8 – The federal cabinet’s 500,000-tonne sugar import aims to stabilize soaring prices after exports of 765,734 tonnes increased revenue by Rs114 billion this fiscal year.

  • On Tuesday, the federal cabinet approved importing 500,000 metric tons of sugar through the government sector to stabilize domestic prices.
  • This decision followed a supply shortage caused by earlier sugar exports amid ample supply and disruptions linked to low production due to climate change.
  • Authorities responsible for national food policies have confirmed that preparations for the sugar import are complete and steps to initiate the process are being implemented immediately.
  • Sugar prices rose sharply from Rs138 per kg before exports to Rs190-200 per kg in major cities like Karachi, Lahore, and Quetta, impacting household food costs.
  • The government waived all duties and taxes on sugar imports and emphasized a coordinated policy to ensure price stability and protect consumers from inflationary pressures.
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Daily Pakistan Observer - broke the news in on Tuesday, July 8, 2025.
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