Pakistan in debt: But in 6 months luxury cars worth 27 thousand crores were imported!

For the past few years, Pakistan is facing difficulties due to economic crisis and hugely increasing debt burden.

According to Pakistan's Geo News, while on the one hand Pakistan is trying to reduce the import of essential things, on the other hand, the import of expensive and luxury cars is increasing in the country.

The report states that during the last 6 months, Pakistan has imported completely built units (CBUs) and some critical parts worth US$ 530.5 million (about 118.2 billion Pakistani rupees).

Certainly, the continuation of the country's policy of reduction and prevention on the import of even essential goods on the one hand and large-scale import of luxury vehicles and parts on the other hand raises questions on Pakistan's policies.

The report further states that Pakistan has planned to import buses, trucks and other heavy vehicles worth USD 75 million (approx. 17 billion Pakistani rupees), motor cars USD 32.6 million (approx. 7 billion Pakistani rupees).

Pakistan imported heavy vehicles worth US$ 722.5 million (about 161 billion Pakistani rupees) and cars worth US$ 498 million (about 111 billion Pakistani rupees) in the last 6 months. According to the report, motorcycles worth US$ 27.6 million have also been imported.

The extravagant imports do not stop here, the country has spent US$188.6 million (about 42 billion Pakistani rupees) on the import of vehicle parts and accessories, as well as US$47.7 million on aircraft, ships and boats.

In December alone, Pakistan imported US$140.7 million in transport, of which US$47.5 million was on the import of cars, US$27 million on parts, US$3.6 million on motorcycles, US$25 million Dollars have been spent on buses, trucks and heavy vehicles.