Import Tariffs And Trade Balance In Pakistan

Muhammad Zeshan

No 2022:94, PIDE Knowledge Brief from Pakistan Institute of Development Economics

Abstract: Stagnant export products scale up the trade deficit in Pakistan (Nasir, 2020). To add new export items to the existing export portfolio, local industry needs cheaper domestic and imported intermediate inputs. However, these inputs are expensive in Pakistan due to high import tariff rates. It is believed that lower tariffs will not only provide cheaper intermediate inputs to domestic firms and final products to end users but will also boost trade.

Pages: 4 pages
Date: 2022
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