The federal cabinet welcomed the verdict of the Islamabad High Court (IHC) in the sugar investigation case and reiterated its determination to bring to task those who made undue profits.
Briefing the media, Federal Minister of Information and Broadcasting Senator Shibli Faraz said the cabinet agreed to implement the committee’s recommendations within a defined timeframe.
The minister said this measure would bring about change and accountability across the entire sugar production value chain. He said the process of deciding sugar prices will be evident in the next three months and will result in people being supplied with the commodity at fair rates.
Also, he said the federal cabinet was worried about rising flour prices, and welcomed Prime Minister Imran Khan ‘s directives to rectify the situation. A committee under Finance Advisor to Prime Minister Hafeez Shaikh will track and oversee the situation to streamline and make the mechanism clear.
The finance advisor briefed the prime minister on the decisions taken in consultation with the provincial governments to meet wheat and flour requirements, as well as lowering the prices of those commodities.
Addressing the meeting participants, the Prime Minister stressed that it was the government ‘s priority to ensure adequate wheat availability in line with the country ‘s requirements, in addition to controlling the wheat and flour prices.
Extracted from City42 News
