Pakistan boosts duties to help balance of payments

Newswire

ISLAMABAD, Aug 28 (Reuters) - A Pakistani decision to impose added duties up to 50 percent on what the government called "luxury" goods will help cut the country's import bill, analysts said on Thursday, reducing pressure on the balance of payments. The government announced late on Wednesday additional duties between 15 and 50 percent on imports of 379 items including electronic and electrical goods, various foods and fruits, ceramics, cellular phones, and cars and jeep between 1801 cc - ...

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