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The automobile sector has grown exponentially in the last few years especially after the arrival of more brands as per the Auto Policy of 2016-21. Auto sales have been all-time high and thanks to lucrative interest rates for car finance. The State Bank of Pakistan (SBP) revised its Auto Finance Policy. Under these new regulations, the finance of imported vehicles, new and used, is banned. Ali Khizar a renowned economist will tell us about the policy.
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