The federal government has formulated a strategy to export 150,000 tonnes of sugar. Government sources indicate this quota will be distributed among the provinces based on their respective sugar-crushing capacities.
Under the planned distribution, Punjab will receive the largest portion, 61% of the sugar export quota. Sindh will receive 32%, and Khyber Pakhtunkhwa will receive 7%. No sugar will be exported from Balochistan’s quota.
The cane commissioners will oversee the distribution of the sugar export quota across the provinces. Neither federal nor provincial governments will offer subsidies for these sugar exports.
The share quotas will be finalized within seven days following the notification’s issuance.
The State Bank of Pakistan (SBP) is tasked with updating the Economic Coordination Committee (ECC) on the sugar export status 15 days post-notification.
On June 14, the ECC approved the conditional export of 150,000 tonnes of sugar. The Ministry of Industry and Production was authorized to manage the export, provided it did not lead to a price increase in the domestic market.
The ECC also stipulated that if domestic sugar prices rise, the export permission will be revoked.
