Facing price surge, Pakistan turns to sugar imports to ease consumer strain

Laborers unload bags of sugar from a delivery truck to a wholesale market in Karachi, Pakistan, on May 24, 2023. (REUTERS/File)
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Updated 08 July 2025
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Facing price surge, Pakistan turns to sugar imports to ease consumer strain

  • Federal cabinet approves import of 500,000 metric tons of sugar through public sector 
  • Government decision is aimed at stabilizing prices, preventing market manipulation and hoarding

ISLAMABAD: The federal cabinet has approved the import of 500,000 metric tons of sugar through the public sector to stabilize prices and prevent market manipulation, the Ministry of National Food Security announced on Tuesday, signaling an urgent intervention to cushion consumers from rising costs amid growing political and economic pressure.

The move comes at a time when sugar prices have surged to nearly Rs200 per kilogram in parts of the country, triggering public concern and drawing political heat.

In Pakistan, escalating sugar prices have historically triggered public outcry and become flashpoints for opposition criticism, with allegations of hoarding and cartelization frequently surfacing in election years or periods of economic volatility.

“All arrangements for the import have been finalized, and immediate implementation is now underway,” the ministry said in a statement.

“The decision represents a departure from previous governments’ approach, where artificial shortages were often created, placing a burden on the national exchequer through subsidies,” it continued.

Earlier, the government had allowed sugar exports, but it said in the statement the decision was taken when the domestic sugar supplies were abundant.

Faced with volatile market conditions now, it continued, the government is stepping in to stabilize prices and ensure uninterrupted availability of the essential commodity.

The ministry maintained the aim of the intervention was to strike a balance in prices and protect consumers from the effects of speculative trading and artificial scarcity.


Pakistan, UK sign £35 million Green Compact to strengthen climate resilience

Updated 21 December 2025
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Pakistan, UK sign £35 million Green Compact to strengthen climate resilience

  • Pakistan ranks among nations most vulnerable to climate change and has seen erratic changes in its weather patterns
  • UK will help Pakistan mobilize climate finance, strengthen regulatory frameworks and develop bankable climate projects

ISLAMABAD: Pakistan and the United Kingdom (UK) have formalized a comprehensive climate partnership with the launch of a Green Compact that aims to enhance climate resilience, accelerate clean energy transition and scale up nature-based solutions, including mangrove conservation, Pakistani state media reported on Sunday.

The agreement, signed in Islamabad by Federal Minister for Climate Change and Environmental Coordination Dr. Musadik Malik and UK Minister for International Development Jennifer Chapman, unlocks £35 million in targeted support for green development and long-term climate action, according to Radio Pakistan broadcaster.

Pakistan ranks among nations most vulnerable to climate change and has seen erratic changes in its weather patterns that have led to frequent heatwaves, untimely rains, storms, cyclones, floods and droughts in recent years. In 2022, monsoon floods killed over 1,700 people, displaced another 33 million and caused over $30 billion losses, while another 1,037 people were killed in floods this year.

Mohammad Saleem Shaikh, a spokesperson for Pakistan’s Ministry of Climate Change, described the compact as a “decisive move toward action-oriented climate cooperation,” noting that its implementation over the next decade will be critical for Pakistan which regularly faces floods, heatwaves and water stress.

“The Compact is structured around five core pillars: climate finance and investment, clean energy transition, nature-based solutions, innovation and youth empowerment, and adaptation and resilience,” the report read.

“Under the agreement, the UK will work with Pakistan to mobilize public and private climate finance, strengthen regulatory frameworks for green investment, and develop bankable climate projects.”

Clean energy forms a central component of Pakistan’s transition, with Islamabad planning to expand solar and wind generation to reduce fossil fuel dependence, improve energy security and stabilize power costs, according to Shaikh.

“Renewable energy is now economically competitive, making the transition both environmentally and financially viable,” he was quoted as saying.

“Nature-based solutions, particularly large-scale mangrove restoration, will protect coastal communities from storm surges and erosion while enhancing biodiversity and carbon sequestration.”

Under the Compact, technical support, mentoring and access to investors will be provided to climate-smart startups and young innovators, reflecting Pakistan’s recognition of youth-led initiatives as central to future climate solutions.

On the occasion, Chapman, on her first official visit to Pakistan, underscored the urgency of climate action, highlighting the UK’s support for renewable energy, mangrove and ecosystem restoration, early-warning systems, climate budgeting and international investment flows into Pakistan.

Shaikh described the Green Compact as “a strategic turning point” in Pakistan–UK relations on climate change, saying its effective implementation is essential for Pakistan to meet its national climate targets.