Hue and cry..!

A lot of hue and cry is being raised by the opposition parties and their leaders as well as media following levying of Regulatory Duty on some 376 imported items. This is quite rightly aimed at discouraging unnecessary items almost all of which are available within the country easily in abundance and at comparatively cheaper rate as compared to the imported items. This will help in appreciably decreasing the country’s import bill and improving the balance of trade. Better discourage not so essential imports and boost exports of the country as patriotic Pakistanis.
Additionally, this move will also directly and indirectly help in protection to the locally manufactured and produced products prices of which are much on lower side than the imported products. A locally manufactured biscuit packet is sold at Rs 30 and a pack of imported biscuits costs minimum of Rs 85 or so in the open market.
One just wonders as to what is the need for importing costly products which are easily available locally and are also of good standard and quality without realizing that such not so essential items import burdens the import bill and in the short and long run enhances it putting it higher than the exports and negatively impacting the trade balance.
As Pakistanis we should preferably use locally produced and manufactured products quality of which will surely and certainly improve after lot of improvement in demand by the people. Please do not raise hue and cry unnecessary and look at the rationale behind this move of the FBR.

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