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Prime Minister Shehbaz approves measures to limit rising sugar prices

Prime Minister Shehbaz approves measures to limit rising sugar prices
Prime Minister Muhammad Shehbaz Sharif is aimed at a ceremony in Karachi on January 08. 2025. - App
Prime Minister Muhammad Shehbaz Sharif is aimed at a ceremony in Karachi on January 08. 2025. – App
  • FBR employees are placed in sugar areas.
  • Sugar values ​​are reduced by RS185 to RS165 after action.
  • PM Poor Sugar Surveillance Monitoring.

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday authorized the Federal Revenue Council (FBR), the Federal Research Service (FIA) and the Information Office (IB) to take rigorous action against sugar players accused of rallying RS140 billion. The news reported.

As part of a two -level strategy, the government has developed FBR officials and information on Sugar Mills facilities to monitor businesses and care for illegal activities. Authorities have also gathered critical financial data to expose long -term irregularities and mistreatment in the industry.

During the three months of the crush season, the government was able to identify the sugar mills involved in maladministration in addition to the identification of warehouses, the members of the SATTA (betting) of the mafia sugar and the various mill owners involved.

Under a well -designed strategy, as a first step based on the available data on markets, sugar lifting, balance available in stock of a specific representative with mills, and payments made either through their personal bank accounts or the fake accounts maintained by Benami (unnen).

This has sufficiently allowed the government to launch criminal proceedings under the laws against money laundering, the law on anti-Benami, tax-investment laws and anti-aging laws that are a well-known offense.

Advanced undertakings that have not been determined against politically linked computer sugar have sent a strong message to sugar storage and the “SATTA mafia” that the government has no willingness to compensate anyone regardless of political participation and strong regime. Shehbaz himself monitors the action against the sugar sector.

In the second phase of the strategy, if the market forces remain unacceptable, on the basis of the available evidence available, the government is thinking of a repression of millers directly involved in mistreatment and facilitating the offenses, hiding the stocks in their mills and payments.

During the first phase of the strategy, there has been a witness to an immediate downward trend in sugar prices. It is advisable to note that on March 13, that is, before suppression, the price of sugar in Lahore and neighboring areas was approximately RS175-185/kg. However, the price was reduced to Rs165/kg by March 16.

Earlier, there was a witness to inflation trend at sugar prices. It can be added that at the start of the crash period, on November 22, 2025, the national average sugar price was Rs137/kg that increased to Rs173/kg on March 14.

In large urban centers such as Lahorei, Karachi, Faisalabad, Peshawar and Sugar Quetta Price had reached/approximately RS180-185.

The Satta mafia is believed that the sugar price will increase the RS200 in the coming months and will reach RS220 by the end of the season in November 2025.

Due to this inflationary trend, investors and traders are largely investing in sugar reserves to make unexpected profits in a short period of time.

It is he learned that at the moment, the representative organs of sugar are trying to negotiate the prices of the former players with the government, taking into account the average value of cane in the crush period.

“There are estimates that Millers invented a link with wholesalers, delegates and distributors and handled prices on the domestic market. The news on Sunday.

As an important development, the competent authorities proposed a shift of the government’s regulatory mechanism to introduce and amend the laws for the seizure of traders’ seizure instead of selling it at a formal price and refunding money.

Official sources reported that the prime minister had given the promotion of the suppression of the mafia sugar that would continue without interventions.

FIA, IB and FBR have been performing functions and found evidence and evidence from storage, traders, wholesalers and distributors leading to a supposed manipulation to determine domestic prices.



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