Minister Aurangzeb Collaborates with Business Community for Economic Development

Web DeskApril 24, 2024 01:19 PMbusiness
  • Government's commitment to address business grievances and enhance economic development
  • Encouraging business community registration on Tajir Dost App for effective support
  • Discussions on taxation reforms, trade facilitation, and SME initiatives for growth
Minister Aurangzeb Collaborates with Business Community for Economic DevelopmentImage Credits: www.energyupdate.com.pk
Federal Minister for Finance & Revenue, Senator Muhammad Aurangzeb emphasizes collaboration with business community, UNDP, and IMF for economic development and policy reforms in Pakistan.

The Federal Minister for Finance & Revenue, Senator Muhammad Aurangzeb, reiterated the government's commitment to collaborating closely with the business community to address grievances and enhance economic development. In a recent meeting with Naeem Mir, chairman of the Supreme Council All Pakistan Anjuman-e-Tajran, and Chairman FBR, discussions revolved around crucial issues affecting the business sector and economic policies. The minister acknowledged the significant contributions of traders and businessmen towards Pakistan's economic progress and emphasized the government's dedication to resolving concerns and promoting their interests nationwide.

Furthermore, the importance of encouraging business community registration on the Tajir Dost App was highlighted, aimed at supporting their needs effectively. The meeting also emphasized the necessity of cooperation between the government and private sector to formulate policies promoting entrepreneurship and business growth. Key topics discussed included taxation reforms, trade facilitation measures, and initiatives to boost small and medium-sized enterprises.

In a separate engagement, Minister Aurangzeb welcomed Ms. Kanni Wignaraja from UNDP to discuss collaboration on addressing developmental challenges and sustainable development in Pakistan. The minister appreciated UNDP's support during critical times and highlighted Pakistan's focus on policy reforms to unlock growth potential. Discussions also included Pakistan's dialogue with the IMF for an Extended Fund Facility to support economic reform.

The meeting with Albaraka Bank Pakistan Ltd's Board of Directors and foreign shareholders aimed to strategize Pakistan's economic outlook for future growth and stability. Both engagements underscored the commitment to continued collaboration and partnership for sustainable development and economic progress in Pakistan.

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