Sunday, 30 August 2009

Farrukh Saleem's Analysis of Pak Sugar

Farrukh I one of Pakistan;s best economic and invetigative journalists.

He sent me the borad summaary of hsi sugar analysis. Here it is.

3.5 million production
average price last year Rs30
price this year 55
difference times production roughly equals Rs80 billion
a total of 80 mills
average profit per mill Rs1 billion
ruling party mills owned around 2 dozen
pml n mills onwed around 1.5 dozen
pml q mills owned around 1 dozen

Now do you see the political economy in the coutnry!