Government suspends KPT’s planned 5% tariff hike
- Decision will provide overall relief of more than Rs500 million, says minister
Federal Minister Muhammad Junaid Anwar Chaudhry suspended Karachi Port Trust's proposed 5% tariff hike for FY 2026-27, offering over Rs. 500 million relief to businesses and boosting trade.
- Financial relief for importers, exporters, and the public.
- Government's policy on reducing business financial burden.
- Impact on national trade and export competitiveness.
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced on Thursday the suspension of the proposed 5% tariff increase by the Karachi Port Trust (KPT) for the fiscal year 2026–27.
As per a statement, the minister said the decision will provide overall relief of more than Rs500 million to importers, exporters, and the general public.
“The decision is in line with the federal government’s policy of reducing the financial burden on the business community and promoting national trade and exports,” he said.
“Ports play a vital role in Pakistan’s economy, and any increase in port charges directly raises the cost of doing business.”
Chaudhary further said that in accordance with the Prime Minister’s Blue Economy Vision, the proposed tariff increase was halted to encourage commercial activities, facilitate the business community, and strengthen the economy.
Keeping tariffs unchanged will help Pakistani exports remain competitive in international markets, while importers utilising port facilities will also be protected from additional costs, the minister said.
He expressed hope that this measure will boost trade activities, strengthen the export sector, and provide positive support to the national economy amid ongoing economic challenges.