News International Sugar Journal

Pakistan – Government approves freight subsidy for sugar export [Registered]

The Economic Coordination Committee (ECC) of the Cabinet recently approved inland freight subsidy of Rs1.75 per kg (U$18/tonne) for the export of 1.2 million tonnes of sugar, reported The Express Tribune. The ECC was chaired by the Federal Finance and Economic Affairs Minister Saleem Mandviwalla. The move came in the wake of slow pace of sugar export and the need to improve the industry’s liquidity position to help facilitate payment to cane growers. This is the second support to the sugar industry by the government in the space of two months, as the government has already provided Rs8 billion in…

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