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Sugar: the bitter truth

121 0
02.06.2026

THEY are at it again. Politically powerful sugar mill owners are back with their demand seeking permission to export their ‘surplus’ stocks. The letter of the sugar mills’ representative PSMA to Deputy Prime Minister Ishaq Dar follows an all too familiar script. There is a surplus, it says. Stocks are piling up; mills are under financial strain; farmers are suffering, and export permission is the only logical solution. The millers are dangling $500m in potential foreign exchange earnings before a dollar-hungry government, arguing it would ease pressure on the current account. Pakistanis who have heard this story........

© Dawn