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Govt decides to import 500,000 tons of sugar
March 31, 2021

Finance Minister Hammad Azhar says Pakistan has successfully raised 2.5 billion dollars through Eurobond.

Addressing a news conference in Islamabad today (Wednesday), he said we received bids for five billion dollars.

The Finance Minister said it is the present government which brought the current account deficit and the primary account to surplus.

He said the Economic Coordination Committee at its meeting today fixed the wheat support price at 1800 rupees per forty kilogram to provide relief to the farmers.

Hammad Azhar said it has also been decided to import five hundred thousand tonnes of sugar from India to improve the supply situation and to provide direct benefit to the common man.

Keeping in view the demand of Cotton, the Finance Minister said the ECC on the proposal of Ministry of Commerce has accorded approval for the import of cotton from India by the end of June.      

The Finance Minister said the government is fully cognizant of the problems faced by the people due to price hike and is working day and night to overcome this issue with the close coordination of the provincial governments.