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The federal authorities is reviewing the list of banned luxury and non-important items, federal minister for information and broadcasting, maryam aurangzeb, has found out.
Addressing a press conference in islamabad, the minister said that more items will be delivered to the listing to similarly lessen the inflated countrywide import invoice. A few items might be removed from the listing as nicely.
The minister introduced that a committee comprising of representatives of the ministries of commerce, finance, and industries and manufacturing, state financial institution of pakistan (sbp), federal board of sales (fbr), and customs will gift its recommendations to the authorities after eid-ul-azha.
The adjustments to the listing of banned imported luxury and non-essential items may be officially applied after receiving approval from the federal cupboard.
Earlier this yr in may also, the federal authorities banned the import of dozens of luxury and non-essential gadgets to curb the growing import invoice and modern account deficit.
Seeing that then, the authorities has been dealing with intense backlash from numerous sectors negatively laid low with the import ban. As a end result, the authorities has eliminated numerous objects from the list of banned imported commodities.
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