ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday underscored the long-term mutual relations between Pakistan and the USA.
The minister knowledgeable US Ambassador Donald Blome, who known as on him, in regards to the profitable completion of the Stand-By Association (SBA) and that the federal government was engaged with the Worldwide Financial Fund to construct upon the reforms below the SBA.
He highlighted the federal government’s precedence reform areas, together with growing the tax-to-GDP ratio by means of end-to-end digitisation, bringing the under-taxed sectors into the tax web, and tax administrative reforms.
The minister reiterated the prime minister’s dedication to privatising State-Owned Enterprises (SOEs), which has sparked curiosity from native and international traders within the case of Pakistan Worldwide Airways (PIA).
On the power sector reforms, he talked about steps being taken to herald personal sector consultants to reinforce effectivity. He additionally apprised the ambassador of potential investments from traders within the agriculture, mining, and IT sectors.
Mr Blome appreciated the federal government’s efforts and initiatives to enhance macroeconomic indicators and guaranteed the help of the US in serving to Pakistan obtain financial stability and sustainable progress.
Revealed in Daybreak, Could twenty eighth, 2024