Islamabad: Federal Minister for Finance Senator Muhammad Aurangzeb has said that reforms have become indispensable to strengthen the country’s economy, and these reforms do not require capital but skill. He expressed these views during a meeting with a high-level delegation of the US Business Council in Islamabad.
In the meeting, the Finance Minister briefed the delegation in detail on the current economic situation of the country, future goals, and reform agenda. He made it clear that unless the continuity of policies and continuity of reforms are maintained, Pakistan cannot get rid of its dependence on programs like the IMF.
Senator Aurangzeb said that the government has set a target of complete digitization of the economy, and to achieve this, the deployment of experts in the FBR is underway. He said that we cannot leave any scope of leakage in the value chain.
He said the work on the formation of the advisory panel is underway. To ensure continuity in economic policies. At the same time, strategies are being formulated to widen the tax net and promote fair taxation in all sectors.
During the meeting, the US Business Council assured continued cooperation with the government and proposed to continue the scope of consultation on budget proposals throughout the year. Both sides agreed to further strengthen bilateral economic relations.
