Govt freezes 5% KPT tariff increase

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MG News | June 18, 2026 at 04:58 PM GMT+05:00

June 18, 2026 (MLN): The federal government has decided to freeze a proposed 5% increase in Karachi Port Trust (KPT) tariffs for fiscal year 2026-27, a move aimed at providing relief to importers, exporters and consumers while easing pressure on trade-related costs.

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry said the decision is expected to generate benefits of more than Rs500 million by reducing the financial burden on trade and economic activity, as APP reported.

He noted that port charges play a central role in determining the overall cost of doing business, adding that any increase directly raises logistics expenses.

By freezing the tariff adjustment, the government aims to contain these costs and enhance the competitiveness of Pakistani products in international markets.

The minister said the step aligns with the federal government’s policy of facilitating the business community, promoting trade and exports, and supporting sustainable economic growth.

He added that ports remain the backbone of trade infrastructure, and maintaining stable charges is important for economic efficiency.

Muhammad Junaid Anwar Chaudhry further said the tariff freeze would help maintain export competitiveness, reduce operational costs for importers, and support higher trade volumes through the country’s ports.

He reiterated that the government remains committed to practical measures aimed at economic stability, improved commerce facilitation, and relief for the business community amid ongoing economic challenges.

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