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IMF Raises Concerns Over Pakistan’s Auto Policy, Suggests Price Reductions

October 2, 2026 • 2 hours ago •

ISLAMABAD: The International Monetary Fund (IMF) has expressed objections to several points in Pakistan’s new auto policy, prompting the government to consider amendments to the draft. The Ministry of Industries and Production submitted the final draft of the Auto Policy 2026-2031 to the IMF for review on October 2, 2026.

According to sources, the IMF’s concerns primarily revolve around the proposed measures aimed at regulating vehicle prices and enhancing local production. The organization has emphasized the need for a more comprehensive approach to ensure that the policy aligns with broader economic goals, including inflation control and consumer protection.

This development could have significant implications for the automotive sector in Pakistan, which has been grappling with rising vehicle prices and supply chain disruptions. If the IMF’s recommendations are implemented, it may lead to a reduction in car prices, benefiting consumers but potentially impacting manufacturers’ profit margins.

In response to the IMF’s feedback, the Ministry of Industries is expected to convene a meeting with stakeholders in the coming weeks to discuss necessary revisions to the policy. The government aims to finalize the amendments swiftly to maintain momentum in the automotive industry and adhere to the IMF’s requirements.