PR No. 61 Senior Officials of Banks Discuss Proposals with Miftah Ismail Islamabad: May 9, 2018

Finance Minister, Dr. Miftah Ismail had a meeting with senior officials of various banks here on Wednesday. Special Assistant to Prime Minister on Revenue, Haroon Akhtar was also present on the occasion. The officials shared with the Minister proposals concerning the banking sector for consideration and incorporation in the final budget document. The proposals focus on easing of tax regime for banks as it would help them enhance their financing ability and give a boost to economic activities in the country. Minister Miftah Ismail said that banking sector has a key role in development of the economy. It also has an important contribution in promoting the cause of financial inclusion besides providing financing facilities to business community, industrial sector and different commercial activities. He added that Government would fully encourage and facilitate the banks to bring up new attractive packages and products for the customers. Finance Minister also assured that Government would accord due consideration to the proposals put forth by the banks' officials and accommodate them to the extent possible. Senior officials of the Finance Division and FBR were present in the meeting. ***** ?

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