Provinces directed to control sugar prices

Published December 30, 2021
Finance Minister Shaukat Tarin chairs a meeting of the National Price Monitoring Committee on Wednesday. — PID
Finance Minister Shaukat Tarin chairs a meeting of the National Price Monitoring Committee on Wednesday. — PID

ISLAMABAD: Taking note of the resurgence in sug­ar prices, Finance Minister Shaukat Tarin on Wednesday directed the provincial authorities to take appropriate measures to control the prices of the sweetener.

The meeting of the National Price Monitoring Committee (NPMC), chaired by Mr Tarin, was informed that sugar was still selling around Rs100 per kg in major cities including Karachi, Rawalpindi and Peshawar.

The NPMC was updated on the prices of wheat flour which fell further. The meeting expressed satisfaction over the availability of sufficient stocks of wheat.

However, the committee was apprised that the new stocks arriving in the market will ease out sugar prices. The meeting was informed that the sowing of wheat was satisfactory in Sindh and Punjab. However, the sowing in Balochistan and KP was affected due to the drought situation but now it is in progress and targets will be achieved.

The committee was informed that the increase in prices of chicken and eggs was due to seasonal factors. The meeting noted that the milk prices stayed normal across the country.

Mr Tarin directed the food security ministry to work out a suitable plan for the optimal level of milk prices in order to ensure its smooth and sustainable supply in the market.

Published in Dawn, December 30th, 2021

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

China security ties
Updated 14 Nov, 2024

China security ties

If China's security concerns aren't addressed satisfactorily, it may affect bilateral ties. CT cooperation should be pursued instead of having foreign forces here.
Steep price
14 Nov, 2024

Steep price

THE Hindu Kush-Himalayan region is in big trouble. A new study unveiled at the ongoing COP29 reveals that if high...
A high-cost plan
14 Nov, 2024

A high-cost plan

THE government has approved an expensive plan for FBR in the hope of tackling its deep-seated inefficiencies. The...
United stance
Updated 13 Nov, 2024

United stance

It would've been better if the OIC-Arab League summit had announced practical measures to punish Israel.
Unscheduled visit
13 Nov, 2024

Unscheduled visit

Unusual IMF visit shows the lender will closely watch implementation of programme goals to prevent it from derailing.
Bara’s businesswomen
13 Nov, 2024

Bara’s businesswomen

Bara’s brave women have proven that with the right support, societal barriers can be overcome.