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Tag Archives: imports

Govt commits cut in subsidies, imports


May 19, 2022

ISLAMABAD: Pakistan is set to move swiftly on reducing massive fuel and electricity subsidies and banning about 30 luxury imports to contain fiscal and trade deficits under a commitment given to the International Monetary Fund (IMF) to secure an economic bailout. On the first day of the formal talks with the IMF mission led by Nathan Porter in Doha, Finance …

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No immediate impact of SBP measures on auto financing, imports


October 17, 2021

KARACHI: As assemblers have advance booking orders for the next four to five months, the State Bank of Pakistan’s recent decision of putting brakes on booming auto financing and curbing import of vehicles is unlikely to have any immediate impact on auto sales. Auto financing plays a key part in determining auto sales as it contributes around 30-40pc of the …

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