The Government of Pakistan has announced immediate measures to import sugar through a structured and tax-exempt plan designed to stabilize sugar prices, prevent shortages, and ensure affordability for consumers. Under the guidance of Federal Minister for National Food Security & Research, Rana Tanveer Hussain, the decision was finalized in an important session of the Steering Committee on sugar import held in Islamabad.
During the meeting chaired by Minister Rana Tanveer Hussain, the Steering Committee rigorously examined current domestic sugar supplies, pricing mechanisms, import logistics, and market stability. Recognizing the importance of timely intervention, the committee unanimously agreed to an immediate import strategy to prevent potential supply shortages and unjustified price hikes. These preventive measures aim to provide prompt relief to the public while maintaining equilibrium in the domestic sugar market.
Sugar imports will be executed by the Trading Corporation of Pakistan (TCP), enabling the government to ensure transparency, effective oversight, and stringent quality control. Further facilitating the affordability of imported sugar, the government has waived all duties and taxes on its import. This decisive tax exemption is expected to significantly alleviate inflationary pressures and reduce costs for the consumers.
The import strategy will be rolled out in two successive phases. The first phase involves issuing a tender to procure 200,000 metric tons of sugar, followed by a second tender of 150,000 metric tons to be issued the subsequent week. These quantities have been strategically planned according to current supply shortages and projected market demand. Imported sugar is specified to be of superior, coarse-grain quality, aligning with local consumer preferences and practical consumption norms. A robust post-shipment inspection mechanism will be strictly enforced to guarantee adherence to quality standards.
Addressing the committee, Minister Rana Tanveer Hussain highlighted the government’s commitment to tackling inflation and ensuring consistent supply and fair pricing of essential commodities. He reiterated that these latest measures form part of the government’s broader vision aimed at directly relieving people’s financial hardship. Furthermore, an active and effective distribution system will be established to deliver the imported sugar rapidly throughout the country, thereby curbing any potential attempts at hoarding or profiteering.
Minister Hussain underscored that the government’s objective extends beyond simply enhancing supply. Equally critical are factors of quality, affordability, and widespread availability. He expressed optimism that these targeted interventions will result in immediate stabilization of sugar prices, benefiting consumers nationwide.
Concluding the meeting, Minister Rana Tanveer Hussain reaffirmed that his ministry continues to closely coordinate with all relevant government departments to tackle foreseeable shortages and price fluctuations proactively. Underscoring the transparency and integrity underlying each decision, he emphasized the government’s unwavering resolve to prioritize public welfare and perform in the public’s best interest.
