i NEWS PAKISTAN

Govt intensifies anti-smuggling efforts to stabilize national economyBreaking

December 16, 2024

Govt agencies have significantly escalated their anti-smuggling operations, implementing strategic interventions to disrupt illicit trade networks and support national economic stabilization efforts. Recent enforcement actions reveal a comprehensive approach to combating smuggling across multiple sectors. In the past week alone, authorities successfully intercepted and seized 806 cigarette stocks, 0.10 metric tons of sugar, 530 textile bales, and 0.085 million liters of Iranian oil. Cumulative data from September 1st, 2023, demonstrates the sustained nature of these enforcement efforts.

Authorities have intercepted 13,471.5 metric tons of fertilizer, 3,789.63 metric tons of flour, 35,134.61 metric tons of sugar, and approximately 4.398 million cigarette stocks. The textile sector has also been a significant focus, with over 157,000 textile bales and 18.58 million liters of Iranian oil prevented from entering unauthorized channels. Economic analysts suggest that such comprehensive crackdowns can potentially stabilize market dynamics, protect domestic production, and generate additional revenue streams for the national exchequer.

Credit: Independent News Pakistan (INP)