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Import of mobile phones hikes by 40% in first two months of FY

The imports of mobile phones into the country increased by 39.57 percent during the first two months of current fiscal year when compared to the imports of the corresponding period of last year.

Mobile phones worth $129.329 million were imported into the country during July-August (2017-18) compared to the imports of $92.707 million during July-August (2016-17), according to the data of Pakistan Bureau of Statistics (PBS).

The overall imports of telecoms sector increased by 35.30 percent by going up from $170.667 last year to $230.920 million during the current fiscal year, the data revealed.

The imports of other apparatus of telecoms sector (other than mobile phones) increased by 30.23 percent by going up from $77.960 million last year to $101.528 million during this year.

Meanwhile on year-on-year basis, the imports of mobile phones increased by 30.7

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