Information Minister Marriyum Aurangzeb announced on Thursday that the government has imposed a ban on the importation of all unnecessary items under the new emergency economic plan.
Speaking at a press conference in Islamabad, the minister reassured the country that Prime Minister Shehbaz Sharif was “working day and night to stabilize the economy”.
Aurangzeb said that as a result, it was decided to limit imports on all non-essential items of wealth. “These are things that can be used by the general public,” he said as he identified foreign vehicles as one of the items.
Some of the items have been closed
- Mobile phones
- Dried fruits
- Household appliances
- Private tools
- Decorative pieces
- Frozen meat
- Tissue paper
- Make up
- Chocolate, confectionary material
He declared it “urgent” and that Pakistani people would have to sacrifice themselves under an economic plan, adding that the impact of these measures would be around $ 6 billion.
“We will have to reduce our dependence on imports,” he said, adding that the government was now focusing on export. The minister said that under the government’s economic plan, local industries would prosper while job opportunities would arise.
He went on to say that this would have an impact on the current account deficit, adding that the move was taken under an “emergency economic plan”. He said a meeting would be held later today on how to reduce the impact of electricity prices on consumers.
Criticizing the PTI, Aurangzeb said former prime minister Imran Khan had filed all charges against his government in the backburner. He has held the PTI government accountable for the sharp rise in inflation and the spread of “economic terrorism”.
Lots to follow