The federal government has decided to import sugar in an effort to stabilize prices in the local market and provide relief to consumers.
The move aims to curb inflationary pressures and ensure the availability of sugar at reasonable rates.
According to officials, importing sugar will help lower local prices by increasing supply. Additionally, it is expected to contribute to future sugar production by allowing imported raw sugar to be refined locally and converted into consumable sugar.
The decision comes amid concerns over fluctuating sugar prices, which have burdened consumers in recent months. Authorities believe that by maintaining a stable supply through imports, price volatility can be controlled effectively.
Government sources emphasize that the primary goal of this initiative is to prevent market manipulation and provide consumers with affordable sugar.
