In response to rising sugar prices, the federal government has announced plans to import 500,000 tons of sugar. The Ministry of National Food Security and Research confirmed the move, saying it aims to stabilize the domestic market and ensure public ease.

Dismissing rumors of a sugar shortage, the ministry clarified that the country has enough sugar reserves. “The impression that there is not enough sugar for public consumption is entirely baseless,” a ministry spokesperson said.

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Officials explained that the previous decision to allow sugar exports was based on verified surplus stock. They emphasized that “no subsidy was offered on the exported sugar,” marking a shift from previous practices.

The ministry stressed that the latest import decision is purely driven by price concerns. “The recent decision to import sugar is solely for price stabilization and public convenience, not because of a shortage,” it stated.

Addressing media reports about instability in the agricultural market, the ministry called them “inaccurate and misleading.” It further clarified that agricultural trade is guided by seasonal patterns rather than financial years.

Underlining the government’s deregulated policy framework, officials reaffirmed their commitment to transparency. They urged media outlets to avoid sensationalism and report responsibly on economic matters.