ISLAMABAD: Federal Finance Minister Shaukat Tarin said on Friday that sugar production was likely to increase by 2 million tons this year from the output of 7.5 million tons recorded last year.
In a tweet, the federal minister said, as a result of the likely increase in sugar production, Pakistan was back to sugar surplus country from deficit.
“The sugar production likely to increase by 2 million tones from last year to 7.5 million tones. As a result, Pakistan is back to sugar surplus country from deficit.”
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“Ex-mill sugar prices are now around Rs 81 per kilogram, substantially lower from last year,” he added.
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