PM Shehbaz takes action against rising sugar prices

Prime Minister Shehbaz Sharif has authorized the Federal Board of Revenue, Federal Investigation Agency, and Intelligence Bureau to take strict action against sugar sector players accused of making unjustified profits. This follows the identification of malpractices in the industry. As a result of these measures, sugar prices have dropped from Rs185 to Rs165 per kilogram. The government is monitoring sugar mills and has gathered financial data to expose irregularities and initiate criminal proceedings against those involved in hoarding and price manipulation. The crackdown aims to address the inflationary trend in sugar prices, which had surged from Rs137 to Rs173 since November 2025. Authorities are also considering regulatory changes to confiscate seized sugar from stockists instead of selling it at official prices.