Financial Updates

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Monday, December 15, 2014

Dar asks committee on sugar producers issues to finalize recommendations within three days


Finance Minister, Ishaq Dar has given instructions to the newly constituted committee on issues facing sugar producers to have detailed deliberations on the problems faced by the sugar producers and formulate recommendations for consideration at the appropriate forum.

The Minister further directed the Committee to finalize its suggestions within three days in view of the difficulties faced by sugar millers.He said, the government watches for the interest of both the consumers and the producers while also attaching due importance to the sugarcane growers. A balance has to be maintained while formulating any proposal for alleviating the problems of the sugar millers, the Minister added.

The Minister, it may be mentioned ordered constitution of the said committee after meeting a high level delegation of Pakistan Sugar Mills Association at Lahore Saturday evening.

The committee comprises of senior representatives of the Ministry of  National Food Security, Ministry of Commerce, FBR and the PSMA. The committee under instructions from the Minister is set to hold meetings from Monday.

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