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Your email address will not be published.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

PM Sharif promises more winterized tents for Türkiye

Pakistan Prime Minister Shehbaz Sharif said that his country would continue to…

PTI to challenge arrest warrants issued by ECP

Pakistan Tehreek-e-Insaf leader and former federal minister Fawad Chaudhry on Tuesday announced…

Israel not letting in enough supplies to avert ‘widespread starvation’: UN

Israel is letting some supplies into the Gaza Strip but not enough…

Gaza’s death toll rises to 67,938 as more bodies recovered: Health Ministry

The bodies of 25 people, including 16 recovered from the enclave and…