Prime Comment #47

Pakistan’s Sugar Market: Deregulation Delayed, Intervention Continues

Pakistan’s sugar sector has been heavily administered by the government, with administered procurement prices, a ban on new sugar mills, and controlled export/import decisions routed through the Economic Coordination Committee (ECC). These measures have resulted in repeated cycles of scarcity, price hikes, and import emergencies rather than the price stability and farmers’ protection they aimed to achieve. These challenges drove...