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Import ban Pakistan:

Is the government planning to add more items to its list?

The Pakistani government has been exploring alternatives to further restrict imports in the upcoming 2022–23 budget. There were talks of plans to ban more luxury products and put more items to the regulatory duty (RD) list under consideration.

The chairman and members of the Federal Board of Revenue (FBR) were compiling a list of things to add to the existing list of banned items in an effort to curb rising imports. The ban will presumably remain in effect for a few months to meet World Trade Organization conditions.

"The prime minister has given instructions to the Ministry of Commerce, FBR, and other budget makers to identify items for the purpose of banning and slapping RDs in a bid to decrease import bills. The number of items that will be added to the RD list or banned list has not been decided yet," said a senior official on Monday.

Source: geo.tv


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