Junaid Akbar, chairman of Pakistan’s Public Accounts Committee, says that sugar exports of Rs 300 billion have been kept.
Chairman Public Accounts Committee Junaid Akbar said on Tuesday that “this 300 billion rupees have been earned in a few months of this financial year and everyone knows who the most sugar mills are.”
Chairman PAC Junaid Akbar told Independent Urdu that it has been found in the committee meeting that Chinese exports have been kept for Rs 300 billion or they have been earned and many mill owners have been named in the case. All these owners are in the list, whether it is exporter or importers. ,
There has been a significant increase in sugar prices in Pakistan in recent times.
Sugar mills have stopped the supply of sugar at an official price (Rs 165 per kg), which has led to a decrease in the market.
Sugar prices in Pakistan have reached Rs 190 to 200 per kg due to storage, violation of government contracts and lack of timely supply.
The government has announced strict monitoring, import decisions and immediate action of stores of sugar mills, but the situation is still not controlled.
The opposition says that the government has allowed excessive export of sugar and when the country starts growing, it has tried to import.
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Junaid Akbar, chairman of the Public Accounts Committee, said, “We also came to know that millions of rupees are being earned every month from Chinese exports every month.”
When asked if he wanted to tell the media the name of the owner or exporter of a mill to the media, Junaid Akbar said, “Everyone knows who the most sugar mills are. Now it would not be appropriate for me to share and maintain only two or three names, it will also be a kind of misuse.”
Junaid Akbar said that only 300 billion rupees were earned in a few months of this financial year.
‘Exports were allowed on the basis that there was a surplus of sugar in the country and it was also air -conditioned that the rates would not be picked up. But after only one month, the commitment was not completed and prices were increased. ,
Earlier, a meeting of the Public Account Committee was held under the chairmanship of Chairman Junaid Akbar, where the issue of Chinese crisis was under consideration.
The Ministry of Industry and Production said in a briefing that the provincial governments regulate the sugar industry, while the advisory boards include federal and provincial governments and representatives of the industry. This board reviews current stocks and needs.
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The secretary of the ministry said that it was decided to export 5.09 million metric tonnes of sugar in the last 10 years, but 3.927 million tonnes of sugar was exported.
In the year 24-2023, 68 million tonnes of sugar was produced, while the total available stock was 76 million tonnes. Thus last year, eight million tonnes of sugar surplus.
According to the Secretary, the Economic Coordination Committee approved the export of 7 million 90,000 tonnes of sugar, after which it was decided to import 5 million tonnes of sugar.
During this time, the export quota was not given to the farmers who did not pay the outstanding amount.
He said that Pakistan exported sugar to 21 countries, of which the maximum was exported to 94,000 tonnes of Chinese Afghanistan.
The secretary industry said, “Currently there is Chinese stock in the country till November. This year, sugar will have to be imported.”
On the other hand, Secretary Food Security said, “We had an estimated Chinese surplus in November, but problems arose and problems were delayed.”
What is the price of the Chairman Committee at this time? But Secretary Food Security said that its cost is Rs 173 per kg.
Expressing concern over the reply, Chairman Public Accounts Committee Junaid Akbar said that Chinese is being sold everywhere at Rs 210 per kg.
Junaid Akbar said that people are being humiliated due to only 42 Chinese.
“We asked for a list of owners of sugar mills, why these owners were subsidized for export.”
The Chairman Committee expressed gratitude to the Secretary Industry for not giving details to the owners of the sugar mills, saying, “If the names of the sugar mills do not come in the name of the owners of the country, the movement will bring privilege.”
During the meeting, the committee member Aamir Dogar claimed that the most sugar mills in the country belong to the Zardari family. The second is Jahangir Taaren and the third is Sharif family. All these individuals are part of governments. ,
PPP and PML -N members protested and later joined the Pakistan Tehreek -E -Insaf members.
On the other hand, during the meeting, Pakistan’s Auditor General revealed that sugar mills had earned Rs 300 billion rupees due to recent changes in sugar prices.
Responding to this, Chairman PAC said, “Only 42 families have earned 300 billion rupees.”