Imported cars

Special Pakistan braces for used car imports amid IMF reforms, raising fears of forex drain

Pakistan braces for used car imports amid IMF reforms, raising fears of forex drain

  • Auto part makers say IMF-driven import reforms could hit local manufacturing, strain Pakistan’s $14 billion reserves
  • Economists warn large-scale used car imports could widen trade deficit, undermine recovery in domestic auto sector
By Ismail Dilawar ·