Islamabad, December 9, 2025 – The Economic Coordination Committee (ECC) on Tuesday approved significant amendments to Pakistan’s vehicle import policy, revised margins for oil marketing companies (OMCs) and petroleum dealers, and endorsed a wide array of measures covering energy, trade, and administrative reforms, according to the Finance Division.
🚗 Vehicle import policy revised
On a summary moved by the Ministry of Commerce, the ECC approved changes to the vehicle import framework, retaining only the “Transfer of Residence” and “Gift” schemes. Under the revised regulations:
• Commercial-import safety and environmental standards will now apply.
• The eligibility period for importing used vehicles under these schemes has been extended from two to three years.
• Imported vehicles will remain non-transferable for a minimum of one year.
Energy sector & petroleum margin adjustments
The Committee also approved a proposal to adjust margins for OMCs and petroleum dealers on Motor Spirit (MS) and High-Speed Diesel (HSD), based on national CPI movement for FY24 and FY25. The increase, capped between 5 and 10 percent, will be released in two phases: half immediately, and the remainder upon achieving government-specified digitization milestones, to be reviewed by June 1, 2026.
Additionally, in reviewing the Circular Debt Management Plan for FY26, the ECC directed the Power Division to develop a medium-term roadmap to gradually reduce fiscal support to the power sector, and strengthen follow-up mechanisms with distribution companies (DISCOs) to meet performance targets.
Public-health and administrative decisions
• The ECC restricted imports of chloroform solely to pharmaceutical companies — and only with a valid NOC issued by Drug Regulatory Authority of Pakistan (DRAP).
• A request by Ghani Glass for concessionary gas / RLNG tariffs was rejected, as the policy does not allow such subsidies; broader export-support measures are being pursued instead.
• A Technical Supplementary Grant of Rs 1.28 billion was approved for the Pakistan Digital Authority to advance digital transformation across government institutions.
• The ECC also released development funds for the Cabinet Division, allocated Rs 5 billion for the Housing and Works Division, and approved creation of a special-purpose company to wind up Pakistan Agricultural Storage & Services Corporation (PASSCO), settle its liabilities, and oversee its dissolution.
• In principle approval was granted for releasing budgetary allocations to PIA Holding Company Ltd. to address pension and medical expenses of its employees.
High-level meeting oversight
The meeting — chaired by Senator Muhammad Aurangzeb, the Finance Minister — was attended by senior officials including Ali Pervaiz Malik (Petroleum Minister), Sardar Awais Ahmad Khan Leghari (Power Minister), Qaiser Ahmed Sheikh (Investment Board Minister), and representatives from relevant regulatory bodies and ministries.