Islamabad: Information Minister Marriyum Aurangzeb Thursday announced that the federal government had devised an economic plan in a bid to take the country out of the financial turmoil and “for the first time”, a complete ban had been imposed on luxury/non-essential items.
“This is an emergency situation and Pakistanis will have to make sacrifices under the economic plan. This will have a quick impact on foreign reserves. The ban will have an impact of $6 billion,” Marriyum said during a press conference.
The government’s focus is on reducing imports and, therefore, it is about to introduce an export-oriented policy, which will benefit the local industry and producers, she said.
The information minister said Prime Minister Shehbaz Sharif was working “day and night to stabilise the economy” and had decided to ban the import of all items that were not in the use of common people, says a news report. Aurangzeb added the imports covered food items, decoration items, and luxury vehicles, as she noted that the country was facing a “tough economic situation due to the previous government’s policies”.
The government has decided to ban the import of mobile phones, home appliances, fruits and dry fruits (except Afghanistan), crockery, private weapons and ammunition, shoes, chandeliers and lighting (except energy savers), headphones and loudspeakers, sauces, ketchup etc, doors and window frames, travelling bags and suitcases, sanitary ware, fish and frozen fish, carpets (except Afghanistan), preserved fruits, tissue paper, furniture, shampoos, automobiles, confectionary, luxury mattresses and sleeping bags, jams and jellies, cornflakes, bathroom ware/toiletries, heaters/blowers, sunglasses, kitchenware, aerated water, frozen meat, juices, pasta etc, ice cream, cigarettes, shaving goods, luxury leather apparel, musical instruments, saloon items like hairdryers etc and chocolates.
The information minister said the announcement was part of the fiscal plan devised by the current government to overcome the PTI’s “incompetent” policies.