129,213 Reconditioned Vehicles Imported in last Five Years

Pakistani VehiclesISLAMABAD: As many as 129,213 reconditioned vehicles had been imported during the last five years, says the Ministry of Commerce and Textile Industry in a document presented during the recent National Assembly session.

The foreign exchange equal to Rs 68,081.803 million had been incurred on the import of reconditioned vehicle. As many as 4,585 reconditioned buses, coaches and wagons costing foreign exchange of Rs 4,915.944 million, 122,352 cars and jeeps costing foreign exchange of Rs 60,721.73 million and 2,276 trucks costing foreign exchange of Rs 2,444.129 million had been imported in the country from July 2008 to June 2013.

As many as 360 buses, coaches and wagons incurring foreign exchange of Rs 309.555 million, 4,551 cars and jeeps incurring foreign exchange of Rs 2,221.52 million, and 482 trucks incurring foreign exchange of Rs 377.308 million were imported in 2008-09. A total of 682 buses, coaches and wagons incurring foreign exchange of Rs 688.815 million, 5,630 cars and jeeps costing foreign exchange equal to Rs 3,095.52 million and 538 trucks costing foreign exchange equal to Rs 505.977 million were imported the financial year 2009-10.

As many as 749 buses coaches and wagons valuing Rs 907.854 million, 10,761 cars and jeeps valuing Rs 5,441.19 million and 461 trucks valuing Rs 583.249 million were imported in 2010-11. Similarly, 1,469 buses, coaches and wagons valuing 1,529.36 million, 55,993 cars and jeeps valuing Rs 26,632.70 million and 360 trucks valuing Rs 453.757 million were imported during the financial year 2011-12.

As many as 1,325 buses, coaches and wagons valuing Rs 1,480.36 million, 45,417 cars and jeeps valuing Rs 23,330.80 million and 435 trucks valuing Rs 523.838 million were imported in 2012-13. The reconditioned vehicles were imported as personal baggage, transfer of residence or gift. – Brecorder