Pakistan, Aug. 2 -- Pakistani automobile part makers fear closure of their manufacturing plants as the country moves to allow used car imports and slash tariffs to 15 percent later this month as part of reforms backed by the International Monetary Fund (IMF), a Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) member said on Thursday.

Prime Minister Shehbaz Sharif's government aims to expand Pakistan's debt-ridden economy by 4.2 percent this fiscal year, which began in July, with the support of the IMF that has set out certain conditions for the South Asian nation to keep receiving tranches of its $7 billion loan that are critical for the country's economic recovery.

Aamir Allawala, a leading PAAPAM member an...