Govt bans sugar export

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In an effort to meet the domestic demand, the incumbent government has ordered a complete ban on the export of sugar.

Prime Minister Shehbaz Sharif, in a tweet, stated that there will be strict action against smuggling and hoarding.

“Absolutely zero tolerance for those found negligent in their duties,” he added.

Meanwhile, a flour crisis is in the making with the government locking up the wheat in its coffers as well as its expensive rates amid shortage in the open market.

Media reports claim that flour mills had reduced the procurement of wheat and milling fearing a possible fall in its prices. There is also a risk of a flour crisis if the gap between supply and demand widens.

However, government sources claimed that there was an abundance of wheat and a new policy would be announced soon. They maintained that there would be no flour crisis.

Despite the increase in flour prices up to Rs1300 in Punjab, its availability is not stable.

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