Ishaq Dar, the federal minister of finance and revenue, stated that the current administration’s objectives are to support corporate interests and sustain the trajectory of the country’s economy.
He made this statement while conversing with a group from the Pakistan Sugar Mills Association (PSMA), whose chairman is Asim Ghani Usman, according to a press release.
Federal Ministers for Industries and Production Syed Murtaza Mahmud, National Food Security and Research Tariq Bashir Cheema, SAPM on Finance Tariq Bajwa, Chairman of the Financial Bureau, Vice Chairman of the PSMA Iskander M. Khan, and Vice Chairman of the PSMA Ahmed Ebrahim Hasham attended the meeting, along with senior officers from the Finance Division.
PSMA Chairman Asim Ghani Usman briefed the Finance Minister on the sugar industry’s contribution to the country’s overall economic growth.
He also spoke to the group on the challenges the sugar industry is facing in relation to the GST, stock availability, and sugar export.
The minister of finance, Senator Ishaq Dar, emphasised the importance of maintaining sugar prices and strategic reserves in order to give the general public the most comfort possible.
He assured Chairman PSMA that the new administration is cognizant of the challenges currently being faced by Pakistan’s sugar industry and sugar cane growers.
Dar assured the gathering that he would address their issues and swiftly find a solution. He also pledged his complete cooperation and support to them.