US
Province uses 97% of funds, or Rs300.77b, against allocation of Rs308b
Will facilitate auto sector in product design, parts manufacturing and testing
Provincial government proposes cut in tax rates for 10 additional services from 16% to 5%
Funding expected to address food security woes, help country become net food exporter
As a result, trade deficit widens 21% to $21.3b in July-May FY21
Stakeholders fear uptrend can undo all progress made by sector
Industry analyst says issue can be resolved if more spectrum is made available
Study reveals loss of jobs and livelihood was mainly in informal sector
Auto firm insists Chinese cars are gradually gaining popularity with consumers
Hike in product prices globally is driving uptrend in local market