The federal government imported the most expensive sugar in the country’s history for utility stores.
According to Express-News, a consignment of 28,760 metric tonnes of sugar imported by the Trading Corporation of Pakistan has reached Pakistan. The land cost was Rs 89.26 per kg, while all the expenses combined would cost the utility stores about Rs 123 per kg of sugar.
The government has fixed the ex-mill rate of sugar produced in the country at Rs. Kilo will be expensive.
According to the government decision, imported sugar will be sold at Rs 85 per kg at utility stores and the difference between the purchase price and sale will be met through subsidy.