The federal government imported an additional 76,752 metric tons of sugar in November, according to data from the Pakistan Bureau of Statistics.
During the first five months of the current fiscal year, a total of 308,142 tons of sugar have been imported, costing approximately Rs12.66 billion in November alone. Over the five-month period from July to November, the total expenditure on sugar imports reached Rs49.42 billion.
The federal cabinet had approved the import of 500,000 tons of sugar on July 4. While the Pakistan Sugar Mills Association opposed the government’s decision to import sugar, the imports were officially carried out through the Trading Corporation of Pakistan (TCP). The government also granted tax exemptions on these imports to facilitate the process.
Officials said the imports aim to stabilize domestic sugar supplies and control price fluctuations, ensuring availability for consumers and the industry.
