Minister meets with the Executive VP Oceania & South Asia, PARCO
Islamabad(Finance Reporter);FM lauds PARCO’s vision, highlights Pakistan’s economic resilience and IMF partnership, The Finance Minister appreciated the business plans of PARCO in Pakistan and thanked the delegation for their constructive feedback.
He highlighted the substantial increase in Pakistan’s foreign exchange reserves and underscored the ongoing support from multilateral institutions and the IMF, which are expected to further stabilize the economic landscape.
The Federal Minister also outlined the Government’s efforts to enhance the tax-to-GDP ratio & tax base to improve economic growth and fiscal discipline and reiterated investment facilitation processes of the Government,
Pakistan’s reliance on IMF to continue unless it boosts tax collection: Finance Minister
Mr. Celepoglu expressed appreciation for the Government of Pakistan for its robust macroeconomic performance, emphasizing its positive impact on the business environment. He expressed gratitude for the Government’s proactive measures significantly benefiting the industry. The delegation requested facilitation regarding sales tax refunds and documentation procedures with the SBP.
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