AGL 41.89 Increased By ▲ 3.35 (8.69%)
AIRLINK 130.00 Increased By ▲ 0.50 (0.39%)
BOP 5.75 Increased By ▲ 0.14 (2.5%)
CNERGY 4.03 Increased By ▲ 0.17 (4.4%)
DCL 8.71 Decreased By ▼ -0.02 (-0.23%)
DFML 40.75 Decreased By ▼ -1.01 (-2.42%)
DGKC 88.90 Increased By ▲ 0.60 (0.68%)
FCCL 35.10 Increased By ▲ 0.10 (0.29%)
FFBL 66.55 Decreased By ▼ -0.80 (-1.19%)
FFL 10.77 Increased By ▲ 0.16 (1.51%)
HUBC 109.07 Increased By ▲ 0.31 (0.29%)
HUMNL 14.88 Increased By ▲ 0.22 (1.5%)
KEL 4.79 Increased By ▲ 0.04 (0.84%)
KOSM 7.27 Increased By ▲ 0.32 (4.6%)
MLCF 42.80 Increased By ▲ 1.15 (2.76%)
NBP 60.92 Increased By ▲ 1.32 (2.21%)
OGDC 180.07 Decreased By ▼ -2.93 (-1.6%)
PAEL 25.97 Decreased By ▼ -0.28 (-1.07%)
PIBTL 6.11 Increased By ▲ 0.14 (2.35%)
PPL 146.55 Decreased By ▼ -0.15 (-0.1%)
PRL 23.95 Increased By ▲ 0.34 (1.44%)
PTC 16.65 Increased By ▲ 0.09 (0.54%)
SEARL 71.65 Increased By ▲ 3.35 (4.9%)
TELE 7.30 Increased By ▲ 0.07 (0.97%)
TOMCL 36.63 Increased By ▲ 0.68 (1.89%)
TPLP 7.98 Increased By ▲ 0.13 (1.66%)
TREET 14.96 Increased By ▲ 0.76 (5.35%)
TRG 50.75 Increased By ▲ 0.30 (0.59%)
UNITY 27.48 Increased By ▲ 0.73 (2.73%)
WTL 1.26 Increased By ▲ 0.05 (4.13%)
BR100 9,872 Increased By 66.5 (0.68%)
BR30 29,845 Increased By 167.2 (0.56%)
KSE100 92,778 Increased By 474.2 (0.51%)
KSE30 28,939 Increased By 98.3 (0.34%)

This is with reference to the news regarding Government officials' misuse of imported luxury vehicles at government expenses. I would like to express my views through your newspaper.
It is now a well recognised truth that bureaucrats from Customs and Income Tax departments can devour taxpayer's money at their will. More importantly, I am not able to understand the government's rationale to liberalise the auto imports, which seems to be one of the main causes of these embezzlements to occur after all. Our inconsistent auto imports policy is only making way for such practices to happen even more often.
Rather than imposing heavy tariff barriers on the import of cars and making its officials to use locally produced vehicles, the government, through such policies, is encouraging lavish culture of high-spending on luxurious items.
Officials, therefore, are sadly using the country's hard-earned foreign exchange for their vested interests and personal luxury. It seems these liberal import policies are implemented for personal good of selected elite, at the cost of immeasurable damage to the local industry, national economy and the middle-working class.
In my opinion the import of luxury cars should be banned with immediate effect. The government should provide support to local auto manufacturers asking them to provide products needed by each customer category. Such measures can drastically help in creating jobs, reducing the import influx and reduction of ever-increasing overall trade gap.

Copyright Business Recorder, 2006

Comments

Comments are closed.