ISLAMABAD: Prime Minister Shehbaz Sharif on Friday ordered strict action against hoarders creating an “artificial shortage” of sugar during the holy month of Ramadan, directing officials to coordinate with sugar mills to monitor its supply and consumption across the country.
Food prices in Pakistan often surge during Ramadan due to increased demand and supply chain inefficiencies. However, a major factor is hoarding and speculative pricing by traders who artificially inflate market rates to maximize profits.
Last month, Finance Minister Muhammad Aurangzeb warned the government would not spare hoarders, whose actions contribute to annual spikes in the cost of essential commodities during the holy month.
“We will not allow anyone to hoard sugar or manipulate prices through speculative trading,” the Prime Minister’s Office said in a statement quoting Sharif.
He directed authorities to crack down on profiteers and hoarders creating “artificial shortages” and present a report on the action taken.
“Strict monitoring of sugar supply and consumption must be ensured,” he added.
Sharif also instructed officials to establish coordination mechanisms with sugar mills to oversee the distribution of the commodity and prevent its artificial shortages.
He assured that the country had ample sugar reserves, dismissing concerns of a genuine shortfall.
“Those creating a false crisis must be brought within the ambit of the law,” he said. “During the holy month of Ramadan, we will not allow ordinary citizens to be exploited by the market mafia.”
Sharif directed the chief secretaries of all four provinces to ensure sugar was made available to the public at government-set prices during a high-level meeting in the federal capital.
The meeting, attended by federal ministers, senior government officials and provincial representatives via video link, reviewed sugar supply, consumption and pricing trends.
Officials also briefed the prime minister on the current stock levels and market conditions.
Pakistan PM orders crackdown on sugar hoarders creating ‘artificial shortage’ in Ramadan
https://arab.news/pghea
Pakistan PM orders crackdown on sugar hoarders creating ‘artificial shortage’ in Ramadan
- Shehbaz Sharif says the country has ample sugar reserves, dismisses genuine shortfall concerns
- He directs officials to work with sugar mills to monitor the commodity’s supply and consumption
Security forces kill nine Pakistani Taliban militants in restive northwest, military says
- The militants were killed in separate operations in Khyber Pakhtunkhwa's Dera Ismail Khan and Bannu districts
- Pakistan this week summoned Afghanistan’s deputy head of mission to demand action against the Pakistani Taliban
ISLAMABAD: Pakistan security forces have killed nine Pakistani Taliban militants in two separate engagements in the northwestern Khyber Pakhtunkhwa (KP) province, the military said on Sunday, amid a surge in militancy in the region bordering Afghanistan.
Four militants were killed in an intelligence-based operation in KP's Dera Ismail Khan, while five other Pakistani Taliban members were gunned in an exchange of fire with security forces in the Bannu district, according to the Inter-Services Public Relations (ISPR), the military's media wing.
Weapons and ammunition were also recovered from the deceased "Indian-sponsored" militants, who remained actively involved in numerous activities against security forces and law enforcement agencies and target killing of civilians. There was no immediate response from India to the statement.
"Sanitization operations are being conducted to eliminate any other Indian sponsored kharja [militant] found in the area," the ISPR said in a statement. "Pakistan will continue at full pace to wipe out menace of foreign sponsored and supported terrorism from the country."
KP has seen a surge in militancy in recent years, with the Pakistani Taliban, or the Tehreek-e-Taliban Pakistan (TTP), and other militant groups frequently targeting security forces convoys and check-posts, besides targeted killings and kidnappings of law enforcers and government officials.
Pakistan this week summoned Afghanistan’s deputy head of mission and demanded “decisive action” against the TTP after four Pakistani soldiers were killed in an attack on a military camp in KP’s North Waziristan district that also killed four assailants, according to the Pakistani foreign office.
Islamabad has long accused Kabul of allowing its soil and India of backing militant groups, including the TTP, for attacks against Pakistan. Kabul and New Delhi have consistently denied this.
The uptick in militant violence triggered fierce clashes between Pakistan and Afghanistan in Oct. The two countries agreed to a ceasefire in Doha on Oct. 19, but tensions remain high between the neighbors.
