Traders urge govt to ban import of over 1000cc cars amid serious economic crisis 

Traders urge govt to ban import of over 1000cc cars amid serious economic crisis 

July 5, 2022 0

What happened: Ikran Junaidi for Dawn, in a report, highlighted that the traders have advised the federal government to ban the import and use of over 1000 cc cars by the government officials “to reduce petroleum products and overcome the energy crisis.” Sarfraz Mughal, the President of TWASM, in a presser, said, “To get rid of IMF loans and to achieve that objective, the country needed to reduce import of petroleum products drastically.” 

Details: At the same time, the president claimed that this ban on government officials using cars over 1000cc would drastically reduce fuel consumption, and this policy was also implemented during the late Mohammad Khan Junejo’s time. 

What is his advice: Dawn quotes Sarfraz Mughal as “We have been importing petroleum products of around $20 billion. Other expenses include payment of interest on foreign loans in foreign exchange. The nation should unite now to devise a strategy for repayment of debt. Politicians and businessmen should contribute from their wealth for repayment of the national debt.” 

Rana Abdullah Hammad
Rana Abdullah Hammad
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