📈 Massive Surge in Vehicle Import Tax Revenue in 9M 2025

• Government revenue from motor vehicle imports duties surged to Rs. 349 Billion in the first nine months (9M) of 2025. • This marks a massive 818% Year-on-Year (YoY) increase, up from just Rs. 38 Billion a year prior, according to the Finance Ministry. • The Central Bank revised the full-year vehicle import value projection upwards to US$ 1.5 Billion, significantly higher than the earlier US$ 1.2 Billion estimate. • Total physical vehicle imports reached US$ 668 Million for the first seven months of 2025. • Context: The IMF noted that the Government's strong fiscal performance was primarily supported by these taxes. • Caution: This revenue boost is considered temporary and not a structural improvement in national revenue administration.