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EditorialSoaring sugar, flour prices soar, consumers hit hard

Soaring sugar, flour prices soar, consumers hit hard

The recent surge in the prices of sugar and flour has added to the woes of consumers across the country. The wholesale price of sugar has increased by Rs 8 per kg since the caretaker government assumed power, and its retail price has also risen sharply. In Karachi, the price of sugar has increased by Rs 23 per kg in August alone. There are fears that sugar prices could rise further in the region, as India has also banned the export of sugar. This is likely to push up prices in Pakistan, as sugar is a major import item. The government has taken some steps to control the rising prices of sugar, including imposing a ban on its export. However, these measures have so far had little impact. It is alleged that profiteers and smugglers are hoarding sugar and sending it to Afghanistan and Iran illegally. This is putting further pressure on prices in Pakistan. The government needs to take more effective measures to control the rising prices of sugar and flour. This includes cracking down on profiteers and smugglers, and ensuring that there is adequate supply of these essential commodities. The government should also provide relief to consumers by subsidizing the prices of sugar and flour. This will help to ease the financial burden on low-income families. The rising prices of sugar and flour are a major concern for consumers in Pakistan. The government needs to take urgent steps to control these prices and provide relief to the people.

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