Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb had a meeting with the Founder & Chairman Delivery Associates Sir Michael Barber at Finance Division today. The meeting was also attended by Development Director British High Commission Ms. Jo Moir, Senior Governance Advisor Mr. Matt Clancy, Governance Advisor BHC Mr. Naveed Aziz, Senior Economic Advisor Mr. Louie Dane and officials from Finance Division. Sir Michael Barber appreciated the Federal Budget 2024-25 and the structural reforms in taxation implemented by the Government of Pakistan. Recognizing the challenges involved, he discussed the priority areas of Pakistan's homegrown economic plan. Sir Michael reaffirmed the commitment to continuing support, building on previous collaborative efforts with Pakistan. The Finance Minister thanked Sir Michael for his acknowledgment and appreciated the support of UK government. He outlined key priority areas for the Government comprising of taxation reforms, energy sector reforms, and restructuring of State-Owned Enterprises (SOEs). Emphasizing the importance of structural reforms within the framework of the IMF program, the Federal Minister highlighted initiatives aimed at enhancing exports, attracting Foreign Direct Investment (FDI), and the privatization efforts. He underscored the government's focus on export-led growth and the digitalization of the Federal Board of Revenue (FBR) to ensure transparency and expand the tax base. The meeting concluded with a commitment to enhance collaboration between both parties, focusing on mutual strategic goals and sustainable economic development.
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