Pakistan, July 30 -- The Public Accounts Committee (PAC) has revealed that sugar mills earned a massive Rs300 billion in windfall profits following the government's decision to allow sugar exports. A report shared during the PAC meeting showed that 67 sugar mills exported 746,469 tonnes of sugar worth over $400 million from July 2024 to June 2025. Lawmakers expressed serious concerns over export policies that clashed with domestic needs, resulting in artificial shortages and sharp price hikes.

PAC Chairman Junaid Akbar stated that only 42 families gained from this profit boom, raising alarms over monopolies and limited competition in the sugar sector. He questioned why new sugar mills are not being allowed and demanded a list of mill own...