Pakistan on Thursday lifted an import ban on luxury goods, but such items will be heavily taxed, Finance Minister Miftah Ismail said.
Pakistan banned the import of all non-essential luxury goods in May as part of several measures put in place to avert a balance of payments crisis and stabilise the economy. Automobiles, cell phones and home appliances were three main categories that were adversely affected by the import curbs.
Source: Zawya
