Federal Minister for Industries and Production Hammad Azhar on Wednesday rejected a report by Geo News holding the government responsible for a delay in addressing the sugar and wheat crises.
The minister said that Trading Corporation of Pakistan has imported sugar “at most competitive rates from international markets without any government subsidy involved”.
“It will also be sold in the market by Punjab Government at prices much below the current retail and ex-mill rates,” said the minister.
TCP has imported sugar at most competitive rates from intl markets without any govt subsidy involved. It will also be sold in the market by Punjab Govt at prices much below the current retail and ex-mill rates. Novel & convoluted methods of computing "losses" is the latest twist.
— Hammad Azhar (@Hammad_Azhar) October 28, 2020
The report published also falsely claims that govt had procured 2 million tonnes of sugar from the mills. Or that govt is importing another million tonnes. The total sugar sold in Pak is around 5 to 6 million tonnes in a year! The govt is importing 150k tonnes only. https://t.co/NjqnSKlYfL
— Hammad Azhar (@Hammad_Azhar) October 28, 2020
The minister said that the country’s total sugar consumption was around five to 6 million tons per year. And that the government is “importing 150k tonnes only”.
