News

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 



Most Read

  1. Ayeza’s LUXURIOUS WHITE FIT might be the PERFECT attire to flaunt at Eid Ayeza’s LUXURIOUS WHITE FIT might be the PERFECT attire to flaunt at Eid
  2. Neelam offers MIND-BLOWING life lesson, is it impactful enough to solve your latest dilemma? Neelam offers MIND-BLOWING life lesson, is it impactful enough to solve your latest dilemma?
  3. Has Aisha Khan forcefully dragged out her husband & kids for latest trip? Has Aisha Khan forcefully dragged out her husband & kids for latest trip?
  4. Shagufta Ejaz reveals APPALLING HABITS of Noor Zafar during live show Shagufta Ejaz reveals APPALLING HABITS of Noor Zafar during live show