ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar has directed federal secretaries concerned to take up the matter regarding spike in sugar price with provincial governments immediately.

The Finance Minister who is also Chairman of National Price Monitoring Committee, taking serious notice of the media reports regarding sugar price hike said that there are standing instructions from ECC of the Cabinet that stability in price of sugar in domestic market is to be ensured for benefit of the general consumers.

In line with Finance Minister’s instructions, Secretary Ministry of
Industries Tuesday evening sent letters to Chief Secretaries of Sindh, Punjab and KP provinces expressing concern of the Federal Government over escalation in price of sugar.

The senior officials have been asked to lookinto the matter on urgent basis and take appropriate corrective measures for ensuring stability in retail price of sugar.