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The reason why sugar is expensive by Rs 25 has come to light

The reason why sugar is expensive by Rs 25 has come to light

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The reasons why sugar is expensive by Rs 25 per kg have come to light in the country.

The Auditor General has released a report on the rise in sugar prices, acknowledging that exporting sugar has increased its price.

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According to the report, the government had given conditional permission to export sugar but government orders were not complied with.

The Auditor General’s report clearly stated that the price of sugar went up to Rs 25 per kg due to non-stopping of sugar exports by the government.

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The report said that sugar exports should have been stopped on April 1, 2019, but this did not happen due to which the price of sugar went up.

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The Auditor General of Pakistan attributed the rise in sugar prices to the export of sugar.

Failure to stop the export of sugar has made the price of sugar Rs 25 per kg in the country.

According to the report of the Auditor General of Pakistan, 495.742 million kilograms of sugar was exported between April 2019 and January 2020.

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According to the report, as a result of which the price of sugar locally had gone up from Rs 55 to Rs 80 per kg, the increase in sugar prices had placed an additional burden on the people.

According to the report, the ECC had conditionally allowed the export of 1.1 million metric tonnes of sugar between October and December 2018.

The ECC had directed the inter-ministerial committee to meet every 15 days to review sugar stocks, exports and prices.

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However, the committee could not convene every 15 days.

According to the report, if the committee had met regularly, sugar exports should have been stopped from April 1, 2019.

Earlier, a commission of inquiry set up by Prime Minister Imran Khan had also termed sugar exports as unjustified and one of the reasons for the rise in sugar prices.

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