Pakistan, April 1 -- The Pakistani government has yet to approve the import of raw sugar for re-export, amid ongoing concerns about high sugar prices. Sources say the government recently deferred the decision on raw sugar imports. Deputy Prime Minister Ishaq Dar confirmed that the policy on raw sugar is still under progress and has not been presented for approval.

Sugar prices in the domestic market have surged recently, reaching Rs164 per kg during Ramadan, despite government efforts to control them. The government intervened by capping prices at Rs164 per kg for one month, but there are concerns that prices may rise again after April. The increase in prices has highlighted the need for better market management.

Pakistan, the seventh-l...