Islamabad: Pakistan’s government has decided to ban sugar exports stating that it will help to cool down the prices in the domestic market. The decision in this regard was taken in the meeting held under the leadership of the country’s new Prime Minister Shehbaz Sharif.
The government expects that the export ban will provide relief to people. The prime minister has taken a decision despite having surplus sugar stocks. The ban would be in place for the rest of the year.
The ministry of industry and production has already refuted the claims that sugar prices are increasing in the country. The sugar industry in Pakistan has always been in limelight due to controversy and alleged scams.