ISLAMABAD: Pakistan has imported cell phones worth $1.31 billion during the initial eight months of the current monetary year. To increase the demand for such gadgets for the advanced monetary framework.
The information was delivered by the Pakistan Bureau of Statistics (PBS) on Wednesday on the import of cell phones worth $1.311 billion during July – February 2020/2021 as compared to $865 million in the last financial year.
The estimation of the dollar during the time frame constrained higher import installment regarding the Pak Rupee. The import of cell phones as far as the rupee flooded by 58% to Rs213 billion during the initial eight months of the current monetary year compared to $134.8 billion in the last financial year.
Market sources said that the Covid pandemic had restricted the actual development, which increases online transactions.
Further, the execution of laws requiring that solitary checked mobiles through (PTA) switch on nearby administrations has discouraged the illegal import of cell phones.