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Punjab CM directs sugar mills to sell sugar at Rs 70/kg

LAHORE: Punjab Chief Minister Hamza Shahbaz Sharif on Saturday directed all sugar mills to sell sugar at Rs 70 per kg.

The Punjab CM s team held talks with the Sugar Mills Association in which reduction of prices was discussed to provide relief to the people. Hamza Shahbaz urged all sugar mills to sell sugar at Rs 70 per kg.

In this regard, the Sugar Mills Association has been given 24 hours to make a final decision, while Sharif family s sugar mills have also been directed to sell sugar at Rs 70 per kg.

Read more: PM Shehbaz bans sugar export to stabilize prices

Earlier, Prime Minister Shehbaz Sharif imposed a complete ban on the export of sugar in order to stabilize the stocks and prices of commodity in the country.

In a statement issued by the Prime Minister’s Office (PMO), PM Shehbaz Sharif also ordered strict measures against the smuggling of sugar. “It is important to first meet the needs of the people and stabilize the prices of sugar in the country,” he said.   

The premier ordered strict action against hoarders and profiteers who were creating an artificial shortage of sugar. He also directed the agencies concerned to keep abreast of the effective implementation of his orders.

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