Ban on import of luxury items lifted
July 31, 2022 05:16 AM
The federal cabinet has approved the lifting of ban on the import of 33 luxury items, reported 24NewsHD TV channel.
The cabinet on Saturday endorsed the decisions taken during the Economic Coordination Committee meeting presided over by Finance Minister Miftah Ismail on Thursday.
The ECC lifted the ban on imported goods except for completed built units (CBUs) of automobiles, mobile phones and home appliances.
The meeting was told the ban had helped cut the imports of banned items, which shrank by around 70pc from $399.4 million to $123.9 million between May 20 and July 19.
The federal government has slapped a ban on the import of 33 non-essential luxury items on May19 2022.
The federal cabinet has approved to remove ban on cigarettes, chocolates, juices, carpets, cosmetics, tissue papers, cat and dog food, fish, footwear, fruit, dry fruit, furniture, ice cream, jam, jelly, leather jackets, shampoo, sunglasses, ketchup, travelling bag,suitcases, weapons, pasta, musical instruments, frozen meat, doors and window frames, decoration articles, crockery, and corn flakes.
Reporter Awais Kiyani