Tax, energy reforms-top priority: FinMin

Business Aug, 22 2024
Tax, energy reforms-top priority: FinMin
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ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb said that government prioritised tax and energy reforms and over all structural reforms also in cards to achieve sustainable economic growth in county.

He said that currently, country is going through phase of economic stability and government will be led on path of sustainable economic growth with good economic foundation.

Addressing Inaugural Ceremony of Buna-Raast Connectivity Project Implementation Phase here, he said that all economic indicators, including foreign reserves, workers remittances, policy rates, exchange rate, revenue collection and twins deficits including Current Account are going positive, leading towards growth and adding that foreign investors are showing confidence on Pakistan economy. "We have two months import cover and exchange rate is also stable." He said that during last two months, foreign companies and potential investors are showing their interest to make investment in different sectors of economy. He said that government is working on digital economy and through digitisation of economy, "We prioritise documenting local economy."

He said government prioritised tax and energy reforms and over all structural reforms also in cards to achieve sustainable economic growth in county. He said that Pakistan endorsed KSA's government vision 2030 and learnt lesson from this economic vision for sustainable economic growth in Pakistan. 

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