IMF Refuses EV Sector Tax Relief | Electric Vehicle Future In Pakistan? |Mashood Khan Analyses

Pakistan's EV policy faces a major setback as the IMF rejects tax relief on raw materials proposed by the Ministry of Industry and Production. This raises concerns about the government's 2030 target to shift 30% of vehicles to EVs and its impact on the automobile industry. The lack of policy stability and frequent reversals in tax incentives are discouraging investors, putting Pakistan’s EV future at risk.

Additionally, Pakistan is struggling to meet its 13 trillion PKR revenue target, with a 400 billion PKR shortfall in the first seven months of the fiscal year. The IMF’s influence on budget decisions is increasing, affecting investment and economic planning.

Will Pakistan be able to achieve its EV goals despite power shortages and economic challenges? Can the government maintain policy consistency to attract investors? Watch the full discussion to understand the real impact of IMF's decisions on Pakistan’s economy and EV industry.

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