Neda: Liberalization of sugar industry next

The government is eyeing to allow private users to directly import sugar to cut its costs and bring down domestic retail prices, according to officials of the state planning agency National Economic and Development Authority (Neda).

Socioeconomic Planning Secretary and Neda chief Ernesto Pernia told reporters last week that among the reforms planned for the sugar sector included imposing an import tariff similar to the ongoing moves to tax rice imports.

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