Approval of Pakistan’s new five-year Auto Policy (2026-2031) has been linked to consultations with the International Monetary Fund, raising the possibility of further delays in its finalization, according to sources in the Ministry of Industries and Production.
The draft of the new Auto Development and Export Policy has been prepared. However, final approval will be granted only after consultations with the IMF during its upcoming review mission, leaving the policy’s launch uncertain.
The IMF review team is scheduled to visit Pakistan from September 23. The draft policy will be discussed with the team during the review talks, the sources said.
The delay follows the expiration of Pakistan’s previous Auto Industry Development and Export Policy on June 30, 2026.
The replacement policy was initially expected in July and was later pushed to August, but differences over vehicle taxes, tariffs and incentives, including proposed concessions for electric and hybrid vehicles, delayed its launch.
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