The News: Import ban on fruit, cheese, vehicles, smartphones likely

The News: Import ban on fruit, cheese, vehicles, smartphones likely
Pakistani economic advisers discussed banning imports of luxury cars, smartphones and cheese in a wide-ranging strategy session on how to avoid seeking a bailout from the International Monetary Fund (IMF), a senior government adviser said. (Shutterstock)
Updated 10 September 2018 12:16
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The News: Import ban on fruit, cheese, vehicles, smartphones likely

The News: Import ban on fruit, cheese, vehicles, smartphones likely

September 10: The News report by Mehtab Haider and Mumtaz Alvi states that Pakistani economic advisers discussed banning imports of luxury cars, smartphones and cheese in a wide-ranging strategy session on how to avoid seeking a bailout from the International Monetary Fund (IMF), a senior government adviser said. While no decisions were made, the floating of radical measures to tackle Pakistan's ballooning current account deficit by the newly-formed Economic Advisory Council (EAC) underscores the new government's determination to avoid another IMF bailout.

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