Pakistan’s New Auto Policy to Cut Down Prices on Import Duties

Pakistan’s New Auto Policy

The auto industry has been stumbling for many years in Pakistan, as people are reluctant to buy new cars due to high prices with an underdeveloped system of car financing to support them.

To boost up the car purchasing power, the automotive stakeholders have drafted a new car policy that proposes 80% reduction in the import duties thus expecting to uplift the auto trading in Pakistan.

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