PM Shehbaz Calls Meeting to Decide Future of New Auto Policy
Prime Minister Shehbaz Sharif will hold a new session on the long-delayed Auto Policy 2026-31 on Wednesday, sources informed ProPakistani.
Prime Minister Shehbaz Sharif will hold a new session on the long-delayed Auto Policy 2026-31 on Wednesday, sources informed ProPakistani.
Article outline
- What happened
- What comes next
- The details
- The bottom line
Key points
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- The new policy is projected to set the direction for Pakistan's automotive industry from 2026 to 2031, including measures aimed at investment, production and market development.
- The policy had already received in-principle approval from a committee led by Finance Minister Muhammad Aurangzeb Dar a few weeks ago.
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- The administration will additionally seek the International Monetary Fund's (IMF) approval before announcing the new policy.
Sources remarked the PM will probable chair the session himself where he may either approve the policy or call for further deliberations. EV Tax Breaks Could Cost Govt Rs. 150 Billion A Year.
For context, the policy had already received in-principle approval from a committee led by Finance Minister Muhammad Aurangzeb Dar a few weeks ago. The proposal is at present with the Industries and Production Secretary and the Power Division, sources went on.
Notably, the administration will additionally seek the International Monetary Fund's (IMF) approval before announcing the new policy.
After the IMF consultation, the policy will be placed before the Economic Coordination Committee (ECC) and the federal cabinet for approval before implementation.
In practice, the new policy is projected to set the direction for Pakistan's automotive industry from 2026 to 2031, including measures aimed at investment, production and market development. Stay Connected with ProPakistani.
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For now, PM Shehbaz Calls Meeting to Decide Future of New Auto Policy remains the part of the story worth watching, and further updates are likely as more details are confirmed.
