Significant increase in mobile phone imports in eight months

Imports of mobile phones have recorded a significant year-on-year increase in the first eight months of the current financial year.

According to statistics released by Pakistan Bureau of Statistics, during the period from July to February 2024, 1.148 billion dollars was spent on the imports of mobile phones, which is 156 per cent more than the 448 million dollars of the same period of the previous financial year.

According to the data, 161 million dollars was spent on the imports of mobile phones in February, which is 387 per cent more than February of last year.

Compared to January, there was a decrease of eight per cent in imports of mobile phones in February on a monthly basis — 195 million dollars were spent on the imports of mobile phones in January.