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• CKD incentives extended for another year

• Auto Policy 2026-31 awaits prime minister’s nod

KARACHI: The government did not seriously address the auto sector in the FY27 budget, as the new auto policy is set to take effect from July 1 after the expiry of the current one.

Finance Minister Muhammad Auran­gzeb, in his budget speech on Friday, said that Auto Policy 2026-31 is being vetted by the PM’s committee, and its details will be presented to parliament after approval from the premier and the cabinet.