Despite a ban on the import of luxury goods, Finance Minister Miftah Ismail declared that the government was permitting the import of any goods that had arrived at the ports before June 1.
The finance minister said on his official Twitter account that several shipments of luxury goods nevertheless made it to the ports even after the government temporarily outlawed them.
The government is permitting the import of any goods that arrive at our ports by June 1 with a small fee, according to Miftah Ismail, in order to prevent losses to importers.
Even after the government banned certain luxury goods temporarily, many shipments of these items inadvertently came to our ports. To avoid losses to importers, the government is allowing the imports of all items that have reached our ports by June 1 with a small surcharge. 1/2— Miftah Ismail (@MiftahIsmail) July 23, 2022
Miftah claimed in another tweet that he and MQM-P senior leader and Maritime Minister Faisal Subzwari were working to limit or eliminate the importers’ obligation to pay container detention fees and demurrage.
The government announced an emergency economic strategy in May and prohibited the importation of certain opulent non-essential goods.
Today in Islamabad, Information Minister Marriyum Aurangzeb held a news conference to present the PML-N government’s economic strategy for addressing the country’s financial difficulties.