Pakistan and IMF Finalize Tariff Reduction Plan to Boost Trade

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have reached a final agreement on a major tariff reduction plan, aiming to increase trade competitiveness and attract foreign investment. The deal will lower the weighted average applied tariff from 10.6% to 6% by 2030, marking a 43% decrease in import duties for local industries. Currently, Pakistan … Continue reading Pakistan and IMF Finalize Tariff Reduction Plan to Boost Trade