Pakistan's auto industry stakeholders have voiced serious concerns over the government's auto policy, citing a standstill in hybrid vehicle production for 22 days and potential inability to pay salaries. They highlight reduced tariffs on imported vehicles without corresponding cuts on raw materials, hurting local manufacturing and threatening 1.8 million jobs. Discussions with the Senate committee also focused on government commitments under the IMF Extended Fund Facility (EFF) framework. This economic uncertainty and ongoing IMF engagement could influence investor confidence and the stability of the Pakistani Rupee.
بحوالہ / Source: www.brecorder.com