AGL 31.35 Increased By ▲ 0.15 (0.48%)
AIRLINK 143.00 Increased By ▲ 0.30 (0.21%)
BOP 5.12 Increased By ▲ 0.04 (0.79%)
CNERGY 4.11 Increased By ▲ 0.07 (1.73%)
DCL 9.49 Decreased By ▼ -0.21 (-2.16%)
DFML 49.51 Decreased By ▼ -0.69 (-1.37%)
DGKC 79.10 Decreased By ▼ -0.40 (-0.5%)
FCCL 22.75 Decreased By ▼ -0.30 (-1.3%)
FFBL 46.78 Increased By ▲ 0.68 (1.48%)
FFL 9.57 Increased By ▲ 0.52 (5.75%)
HUBC 153.49 Decreased By ▼ -0.01 (-0.01%)
HUMNL 11.29 Decreased By ▼ -0.18 (-1.57%)
KEL 4.17 Increased By ▲ 0.03 (0.72%)
KOSM 9.26 Decreased By ▼ -1.01 (-9.83%)
MLCF 33.30 Decreased By ▼ -0.30 (-0.89%)
NBP 58.70 Increased By ▲ 1.85 (3.25%)
OGDC 136.75 Decreased By ▼ -0.50 (-0.36%)
PAEL 25.88 Increased By ▲ 1.43 (5.85%)
PIBTL 6.05 Increased By ▲ 0.08 (1.34%)
PPL 112.35 Decreased By ▼ -0.65 (-0.58%)
PRL 24.38 Increased By ▲ 0.03 (0.12%)
PTC 11.88 Decreased By ▼ -0.07 (-0.59%)
SEARL 57.40 Decreased By ▼ -0.36 (-0.62%)
TELE 7.77 Increased By ▲ 0.17 (2.24%)
TOMCL 41.99 Increased By ▲ 0.11 (0.26%)
TPLP 8.49 Decreased By ▼ -0.16 (-1.85%)
TREET 15.23 Increased By ▲ 0.13 (0.86%)
TRG 51.50 Decreased By ▼ -0.95 (-1.81%)
UNITY 28.00 Increased By ▲ 0.14 (0.5%)
WTL 1.42 Increased By ▲ 0.08 (5.97%)
BR100 8,340 Decreased By -5.8 (-0.07%)
BR30 26,956 Increased By 47.9 (0.18%)
KSE100 78,898 Increased By 34.4 (0.04%)
KSE30 25,008 Decreased By -18.2 (-0.07%)

I would like to draw your attention to the sudden influx of cheap imported used cars. Though there’s nothing cheap about paying 3.2 million rupees for a 660CC used vehicle, my point of contention is that these used vehicles are a huge burden on our national exchequer.

Just a year back the country was on the brink of default and one of the extreme measures that was brought forth by the government was banning the import of nonessential items into the country. The items cost in dollars and are sold in rupees.

And now, all of a sudden, the restrictive regulatory duties have been removed and the situation is again being painted of Pakistan being an economically prosperous nation. What is wrong in driving locally-assembled cars on Pakistani roads? We must all always be reminded that we continue to be a nation on the brink of economic disaster.

Our foreign exchange reserves are all borrowed money. Our pragmatic salvation lies in availing our local resources. Buy local. Be local. Don’t be selfish. Save the country.

Qasim Haider (Karachi)

Copyright Business Recorder, 2024

Comments

Comments are closed.

Arsalan Feb 27, 2024 07:08am
I agree with u. we should promote our own cars but if u compare quality of ours then surely u will never buy them as they r worthless n even a 660cc car is far better then any car made or Assembled
thumb_up Recommended (0)