It has been prohibited by the authorities, that there would be no import of Non-significant and expensive variety of materials. Just to make this extensively dropping reserves of foreign exchange balanced, and also mounting the import bill, as the division of labor, according to the minister, would save $6 billion.
In a news conference in Islamabad on Thursday, Marriyum Aurangzeb, the Minister for Information and Broadcasting stated in her decision.
Importing of vehicles and smartphones comes under the basic things that have been banned. The complete list of materials is following:
Fruits and Dry Fruits (except from Afghanistan)
Private Weapons & Ammunition
Chandeliers & Lighting (except Energy Savers)
Headphones & Loudspeakers
Sauces, Ketchup etc.
Doors and Window Frames
Travelling Bags and Suitcases
Fish & Frozen Fish
Carpets (except from Afghanistan)
Luxury mattresses & sleeping bags
Jams & Jelly
Bathroom ware / Toiletries
Heaters / Blowers
Luxury Leather Apparel
Saloon items like hair dryers etc.
She stated in her announcement, that the mission for these initiatives taken is to lower down the dependence of the country on imports and to practically form an export-oriented program, to help the local industry. The government’s actions, would also be supporting to decrease the rising current account deficit of the country.
According to the Minister’s statement, the authorities of the country is looking forward to work on a program to motivate local workers, and offer them, job opportunities.
Wealthy and stable individuals must make this initiative, as per to the premier’s statement, so that the poor and the needy around us do not have to put on the pressure enforced by the past government. Prime Minister Shehbaz Sharif stated in his Tweet, that the plan to ban the import of expensive materials will be saving the money of the government.
The leader of Pakistan Tehreek-e-Insaf (PTI), Hammad Azhar, was the one to oppose the program of prohibition of imports of some chosen commodities, he stated that they contributed for a very little proportion of the total import bill of the country.
According to the Minister’s statement in a tweet, “The current account deficit for non-oil products is quite nearly $1 billion” these initiatives of restricting are going to negligible”