Pakistan In Focus - Business community demand easing of import curbs.

Pakistan must increase exports to sustain economic growth, therefore, the State Bank of Pakistan (SBP) should further relax import restrictions and formulate a more lenient policy, said acting Islamabad Chamber of Commerce and Industry (ICCI) President Faad Waheed. Talking to a delegation of business community, he pointed out that many export-oriented industries were required to import raw material and intermediate goods to produce finished products for export. He lauded the SBP's initiative of relaxing some of the restrictions and allowing imports under...