The Pakistani government has decided to raise import duties on makeup, beauty items, perfumes, and sprays by 40% and 20% respectively. This move, approved by parliament, is aimed at discouraging the purchase of imported cosmetic and fragrance products in favor of domestic alternatives.
The price hike is expected to make these beauty products more expensive for Pakistani consumers, particularly women. This policy decision reflects the government's efforts to promote local industries and reduce the country's reliance on imported goods, even if it means higher costs for consumers in the short term.
Citations:
[1] https://www.daily-sun.com/post/755760
[2] https://azaadenglish.com/budget-24-25-makeup-products-prices-increased/
[3] https://www.youtube.com/watch?v=eKH9mR5S__I
[4] https://www.samaa.tv/2087317190-check-new-makeup-cosmetics-and-jewllery-rates-in-pakistan-from-july-1
[5] https://arynews.tv/budget-2024-25-makeup-products-prices-set-to-increase/