Pakistan is officially shifting gears in its automotive policy. In a move that’s sure to excite car enthusiasts and shake up the local market, the government has agreed with the International Monetary Fund (IMF) to fully lift the ban on the commercial import of used vehicles.
Karachi, May 17, 2025 – Pakistan has witnessed a substantial increase in its gold import, with official figures showing a 75% rise during the first ten months (July–April) of the fiscal year 2024–25 compared to the same period last year.
Islamabad, March 20, 2025 – Pakistan has officially imposed a ban on the import of polyol blended and chlorodifluoroethanes with immediate effect.
Pakistan’s mobile phone manufacturers have petitioned the government to ban the import of used phones.
Karachi, October 2, 2023 – Pakistan economy official data reveals a staggering 25 percent decline in imports during the first quarter of the fiscal year 2023-24.
Karachi, August 2, 2023 – The Federal Board of Revenue (FBR) has released the withholding tax rates for the import of goods during the tax year 2023-24.
Karachi, July 21, 2023 – Pakistan has experienced a substantial 44% decline in imports from China during the fiscal year 2022-23, according to data released by the State Bank of Pakistan (SBP).
Karachi, June 23, 2023 – In a significant move aimed at bolstering its economy, Pakistan has officially withdrawn the ban on payments for the import of goods.
KARACHI: State Bank of Pakistan (SBP) has withdrawn prior approval for banks for initiating import transactions. Previously the condition was imposed in May 2022.
KARACHI: Over 400 containers of vegetables have been stuck up at ports as commercial banks are not issuing documents due to shortage of dollars. All Pakistan Fruit and Vegetable Exporters, Importers and Merchants Association in a letter to the commerce ministry sent on Tuesday, stated that the containers of Onion are still held up at […]