Govt freezes 5% KPT tariff increase
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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