Wednesday, 19 June 2024, 06:56:30 am

Finance Minister pledges to support private sector
May 22, 2024

A delegation of representatives from Aerated Beverage Industry led by President of Lotte Akhtar Beverages Ghazi Akhtar called on Minister for Finance and Revenue Senator Muhammad Aurangzeb in Islamabad today.

Turkish Ambassador to Pakistan Dr. Mehmet Pacaci also joined the meeting.

The delegation expressed their appreciation for the government's economic initiatives and conveyed that they are encouraged by supportive policies of Government.

The delegation presented several tax proposals for the upcoming fiscal year, suggesting adjustments to the Federal Excise Duty (FED) that could support their industry growth and contribute to the government's tax collection efforts.

Finance Minister Muhammad Aurangzeb highlighted the government's commitment to support the private sector.

He assured the delegation that the government will proceed with strategic intent and within the available fiscal space.