Imports

Exports gain some pace, sparking hopes of meeting annual target

Duty rationalisation will lead to rise in exports, revenue collection

Claim gas of poor quality is being purchased from Iran

As the second most prominent source of exports, easier access to IT products is critical

Claims used vehicle imports caused Rs45b loss to industry, economy

Surge in imports drive historic lows, inverter prices remain stable

Currency dealers still believe that rupee has the potential to recover to Rs250-260/$ in the coming weeks and months

Surge by staggering 684% in first six months reflecting consumer preference

Policy aims to double output of petrol, boost diesel production by 47%

Business community cries foul as caretakers slap 2% cess on all imports into province

Increase in imports, outflow of FDI by $173m takes deficit to $269m in Jan 2024

Pakistan and Kyrgyzstan can cooperate in many areas including agriculture, industry, energy, and tourism

$6.4 billion cut in deficit now equals 78% of existing foreign exchange reserves

Liberalisation sparks confidence amid forex reserves surge, traders eye greenback surge

Imports of capital goods rise 11% to $3.6b in Jul-Dec 2023

Farmers say despite imports, country might still face shortfall of 0.6 million tonnes

Tasked with diversifying exports, creating import substitution opportunities

Egg prices have risen more than 40% so far this year

Result in trade deficit of only $9.4b during first five months of this fiscal year

Customs detects Rs275 million worth of duty and tax evasions

Seeks input of stakeholders on amendments in Customs Rules within two days

ECC decides to recover local, imported gas price difference from urban consumers

Says new import trade prices favour importers, demands level playing field

Directorate of Customs Intelligence has unearthed scam worth Rs437 million

PBS says no wheat imported in July 2023, compared to import of 211,597 metric valuing $107.142, in same month last FY

According to importers, 4 lakh tonnes of wheat have been purchased so far

This is an unprecedented situation in the history of Pakistan

Used cars up to 1800cc to get major relief with 100% regulatory duties being dropped

In a letter, FPCCI presses central bank to call emergency meeting to find solution

Sales have dropped by 40% in markets due to rising inflation and cost of living

SBP removes condition of 100% advance payment on import of hundreds of items

Controlled imports improved CAD but slowed economic activities to a near halt, rendering millions of people jobless

Additional duty on consumer goods will stay till Mar-end to discourage imports

Decline is due to a 38% year-on-year drop in total imports in January 2023

Experts ask govt to lessen reliance on imports, tax undocumented sector

Banks advised to process and release documents of shipments and goods that have already arrived at ports in Pakistan

Around 800,000 tons of imported soybean and canola denied clearance

Ultimate effect will be on healthcare sector, say top bosses of big companies

Makes insufficient investment in exploration, development activities

Industry faces risk of collapse owing to dearth of imported raw material

Imports for car manufacturing, mobile assembly to be allowed from Jan 2023

Businessmen fear closure of plants, large-scale unemployment

Cabinet body members stress procuring agency must decide on purchase of commodities

New guidelines will apply to opening of fresh and carryover letters of credit

NEPRA says maximum utilisation of local coal needs to be encouraged

Govt allows retd military officers ranked lieutenant general and above duty free import of bulletproof vehicles

Finance minister hints at opening duty-free import to make process easier

Miftah says govt will earn Rs14 billion from duties

Govt moves to restrict current account deficit to $10b in next fiscal year

Questions commerce ministry how its projections went off the mark by huge margin