PAAPAM contests SBP's annual report

15 Jan, 2015

Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has submitted a 53-page rebuttal to the State Bank of Pakistan to its Annual Report containing a comparison of the Automobile industries in Pakistan & India. In a Press Statement issued on Wednesday Chairman PAAPAM Siddique Misri, said that the rebuttal highlights the factual and numerical errors in SBP Analysis of Auto Sectors in both countries, which wrongly paints the picture of Pakistan assembled automobiles to be more expensive than India's.

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