The federal government has decided to introduce a new auto policy from July aimed at strengthening Pakistan’s automotive sector, promoting electric vehicles (EVs) and making smaller cars more affordable for consumers. Under the proposed policy, the government plans to bring the price of small cars down to between Rs2 million and Rs2.5 million, while expanding […]
Pakistan auto policy
Pakistan plans auto tariff cuts under IMF-backed reform policy
The government of Pakistan has prepared a new five-year auto sector policy aimed at reducing import tariffs, restructuring duties and opening the vehicle market by 2030. Officials say the plan is being developed in consultation with the International Monetary Fund under ongoing economic reform commitments linked to the country’s financial programme. Under the proposed budget […]
Pakistan prepares new auto policy with tariff cuts by 2030
The government of Pakistan is preparing a new five-year auto sector policy aimed at reducing import tariffs, encouraging competition and gradually liberalising the vehicle market by 2030. Officials say the policy is being finalised in consultation with the International Monetary Fund as part of broader economic reforms under the country’s ongoing financial programme. Under the […]