According to a report in The News, the government has decided to reverse its decision to put a temporary ban on completely built-up unit (CBU) automobiles and instead apply a regulatory fee of up to 50% on the import of electric vehicles, hybrid vehicles, and regular gasoline vehicles.

According to the article, this measure will be in force for a limited time in order to reduce the rising import bill.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

The world needs Imran Khan: Fawad Chaudhry

Lahore: On Jan 16, Federal Minister for Information and Broadcasting, Fawad Chaudhary…

Anti-monarchy protesters arrested ahead of King Charles’ coronation

Several anti-monarchy protesters were arrested in central London ahead of the coronation…

PM Sharif likely to meet President Trump Sept 25 on UNGA sidelines

In what is being viewed as a significant diplomatic development for Pakistan,…

Pakistan slams India’s move to revoke visas of Pakistani citizens

Pakistan has expressed deep concern over the humanitarian challenges arising from India’s…