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flag Pakistan's PM introduces tariff reforms, capping customs duties at 15% to boost economy.

flag Pakistan's Prime Minister Shehbaz Sharif has introduced new tariff reforms, capping customs duties at 15% and phasing out additional and regulatory duties over four to five years. flag This move aims to simplify import processes, attract foreign investment, boost exports, and create jobs. flag The reforms also reduce the number of customs duty slabs to four, streamlining the system and potentially lowering inflation and unemployment.

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