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Pakistan Biscuit and Confectionery business on verge of shut down

Pakistans Biscuit and confectionery Associations ( PB & CMA)  declared that they  intend to  close the biscuit plants rather than  to run plant or factories in losses. Pointing towards the soaring prices of raw material specially  Sugar  which has shot up to  Rs60/kg .  with in no time . Mr Maqsood Ismail  associations  chairman  said that untill and unless the government takes some drastic and emergency steps  there would be no choice for manufacturers to shut their factories rendering thousand s of worker jobless  and loss to  government of pakistan exchequre.

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