Pakistan, July 17 -- Prime Minister Shehbaz Sharif has formed a high-level committee to deregulate the sugar sector. The committee will be led by the Minister of Energy, while the Secretary of Industries and Production will act as the convener. Other members include the Finance Minister, the Minister for National Food Security and Research, and the Minister for Economic Affairs. The committee will suggest practical reforms for deregulation and privatization of the sugar industry.

According to Dawn News, the committee's Terms of Reference (TORs) state that it will review all current federal and provincial laws, policies, and rules related to sugar production, imports, exports, pricing, subsidies, and hoarding. This step is aimed at identi...