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Business
April 27, 2021
LAHORE: Pakistan’s apex trade body has advised the government against fixing of ex-mill sugar prices in the Punjab and Khyber Pakhtunkhwa based on its own assessment and to rather appoint independent auditors for evaluation, it was learnt on Monday.
The federal government is about to freeze retail sugar price in Punjab and Khyber Pakhtunkhwa as sugar prices have exorbitantly increased, according to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI).
“If the federal government wants to fix the price of sugar, the task may be assigned to four independent chartered accountant firms instead of government functionaries,” Nasir Hyatt Maggo, president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in a letter to the Prime Minister Imran Khan.
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