{"id":22370,"date":"2026-09-10T15:53:38","date_gmt":"2026-09-10T10:53:38","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=22370"},"modified":"2026-09-10T15:53:40","modified_gmt":"2026-09-10T10:53:40","slug":"new-auto-policy-2026-31-to-save-pakistan-rs288bn","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2026\/09\/10\/new-auto-policy-2026-31-to-save-pakistan-rs288bn\/","title":{"rendered":"New auto policy 2026-31 to save Pakistan Rs288bn"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>More details of Pakistan\u2019s proposed Auto Policy 2026-31 have emerged, with the five-year plan projected to save the national exchequer around Rs288 billion while generating total additional economic benefits of more than Rs1,764 billion.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The draft of the new auto policy has also been shared with the International Monetary Fund (IMF) as the government prepares reforms aimed at strengthening local manufacturing and industrial development.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the policy document, the government expects an additional Rs485 billion in revenue through federal excise duty under the proposed reforms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The document estimates expenditure of Rs196 billion on auto sector reforms, resulting in an expected net fiscal benefit of Rs288 billion over the 2026-31 period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Around Rs193 billion is expected to be spent on the proposed tax drawback scheme during the five-year period.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Major savings expected from lower fuel imports<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The policy projects more than Rs1,226 billion in savings through a reduction in fuel imports.&nbsp;The government also estimates economic benefits of around Rs338 billion from additional energy use at the local level.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A further Rs27 billion-plus in revenue from carbon credits has been included among the expected benefits of the new automotive policy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The draft also factors in the wider public health impact of the proposed reforms.&nbsp;According to the document, public health benefits over the five-year period are expected to reach around Rs173 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Combined with the projected fiscal and energy-related gains, the policy\u2019s total additional economic benefits are estimated to exceed Rs1,764 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More details of Pakistan\u2019s proposed Auto Policy 2026-31 have emerged, with the five-year plan projected<\/p>\n","protected":false},"author":1,"featured_media":22371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[2,19],"tags":[],"class_list":["post-22370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-pakistan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - 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Recent reports confirm that the IMF mission is due in\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"Pakistan-IMF talks to begin Sept 23 for $1.2bn tranche","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2026\/09\/Pakistan-IMF-talks-to-begin-Sept-23-for-1.2bn-tranche.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/22370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/comments?post=22370"}],"version-history":[{"count":1,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/22370\/revisions"}],"predecessor-version":[{"id":22372,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/22370\/revisions\/22372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media\/22371"}],"wp:attachment":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media?parent=22370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/categories?post=22370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/tags?post=22370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}