EAG notes present surge in vehicles sale not driven by policy initiatives

The Nation | Sep 6, 2021 at 10:33 PM
  • ISLAMABAD   –  The independent Economic Advisory Group (EAG) has noted that present surge in the sale of vehicles is not driven by policy initiatives but rather pent up demand built up during the COVID-19 lockdown.
  • The EAG, an independent group of individuals from economics, policy and the private sector, has convened detailed deliberations to assay the outcome of contemporary automotive development policy, and the initiatives proposed in the Finance Bill 2021-22.
  • The EAG proposes that the upcoming auto policy should promote integration of domestic parts manufacturers with global value chains through two actions.