IMF to Review Pakistan's Draft Auto Policy 2025-30

A parliamentary panel was informed that Pakistan's new auto policy 2025-30 is still in draft form, with the Ministry of Industry and Production set to send it to the Ministry of Finance for onward submission to the IMF. The policy aims for New Energy Vehicles (NEVs) to comprise 30% of new sales by 2030, targeting 2.223 million NEVs and potential annual fuel savings of $1 billion. Concerns were raised regarding infrastructure and skilled workforce readiness for the EV transition. While this development signals ongoing economic policy formulation, its direct and immediate impact on Pakistan's gold or currency markets is expected to be minimal.

بحوالہ / Source: www.brecorder.com