Posted inBusiness

Cane price, sugar surplus: Bitter solution to the sweet problem

ISLAMABAD: The government, through the Economic Coordination Committee, has announced a subsidy of Rs6.5 billion for export of 500,000 tons of sugar to cover the price differential between local and international markets. This step was announced after the Pakistan Sugar Mills Association (PSMA) published ads asking the government to rescue them from imminent bankruptcy. Provinces […]

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