Importers say the new restrictions on non-essential goods will increase the price of those goods by at least 40%.
They also point out that although so far goods have been imported through letters of credit and post-sales payments have been made, suppliers have not been able to deliver goods on time due to the inability to make timely payments under the new conditions.
They say that many importers are unable to use the full payment method and that this has led to a severe shortage of goods and a sharp rise in the price of goods.
It can be observed that the prices of the products currently available in the market have also increased rapidly and the prices of some mobile phones which were around Rs. 250,000 before the new conditions have exceeded the Rs. 350,000 limit.
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