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World investors have expressed confidence in Pakistan’s economic development, Finance Minister

World investors have expressed confidence in Pakistan’s economic development, Finance Minister

Islamabad:

Federal Finance Minister Mohammad Aurangzeb has said that Revenue Automation Limited (Perl) in Pakistan has implemented reforms to improve performance, improvement and in the future, the possibility of private sector participation in data -based implementation has been highlighted and global investors have expressed confidence in Pakistan’s economic development.

Addressing a virtual meeting with the Overseas Investors Chamber of Commerce and Industry, Federal Finance Minister Mohammad Aurangzeb said that during his recent visit to the United States, global investors have advised to continue the pace of Pakistan’s economic development and continue the government’s reform policy.

He said that the government is committed to implementing reforms that will help a fair tax system, encourage investment and take Pakistan on a comprehensive sustainable economic development.

The Federal Finance Minister apprised renowned foreign investors about the mid -term economic vision of the government, which focuses on expanding the tax base, increasing the proportion of tax -to -GDP for long -term financial stability and ensuring macroeconomic stability through structural reforms.

Speaking on the occasion, OICCI President Yusuf Hussain said, “We support the government’s economic vision and its sustainable strong model, which includes increasing exports, the use of local resources and reforms focused on productive competitiveness.”

OICCI Secretary General M Abdul Aleem said that we appreciate Finance Minister Mohammad Aurangzeb’s recent engagements in Washington and a successful meeting with global stakeholders.

He said the government’s mid -term strategy, structural reforms, financial discipline and sustainable development are a strong and encouraging message to the business community.



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