Pakistan has decided to export 108,000 metric tons of imported sugar, with the government maintaining that the move will not cause sugar prices to rise in the domestic market. The decision comes as authorities claim that the country currently has sufficient sugar stocks to meet local demand.
Speaking on Geo News’ programme Aaj Shahzeb Khanzada Kay Sath, Federal Minister for National Food Security Rana Tanveer Hussain said the government believes there is enough sugar available in the country. According to him, exporting part of the stock would allow Pakistan to benefit from improved international sugar prices.
The minister explained that global sugar prices have become more favourable, creating an opportunity to sell available stocks in overseas markets at better rates. The government therefore wants to export the surplus rather than retain excess inventory in the domestic market.
The decision, however, has triggered criticism from former finance minister and Awam Pakistan Party leader Miftah Ismail. He questioned the government’s approach to sugar management and argued that the policy has repeatedly created uncertainty in the local market.
Miftah Ismail claimed that sugar was previously exported, contributing to an artificial shortage, after which Pakistan imported more sugar than necessary. He criticised the latest decision to export imported sugar, saying ordinary consumers ultimately bear the financial consequences of such policy decisions.
The government, meanwhile, insists that the 108,000 metric tons of sugar export will not create pressure on domestic supplies. Officials argue that adequate stocks are available and that international sales could provide a better return while helping manage excess inventory.