ISLAMABAD: Prime Minister Imran Khan today (Friday) asserted that reforms were underway to improve tax system, and consultation with all stakeholders would accelerate this process.
The premier expressed his views while chairing a meeting with the chiefs of Pakistan’s main chambers of commerce in Islamabad. Emphasizing industrial development for economic progress of the country, PM Imran said the government was providing incentives to industries for enhancing exports.
He also directed the Federal Ministers to remain in contact with all stakeholders and hold regular meetings with them to listen to their problems and proposals. “After providing facilities to industrialists and the business community, we are now focused to resolve issues through mutual consultations,” he added.
On the occasion, all the major Chambers of Commerce of the country has expressed satisfaction over the government’s pro-business policies and the steps taken for ease of doing business (EoDB). The government and the business community also agreed to devise a strategy with mutual consultation to increase tax revenue.
The participants of the meeting appreciated the Prime Minister and his economic team for attaining four percent GDP growth despite COVID-19, 15% increase in large scale manufacturing, incentives for export industry and removal of hurdles, incentives for small and medium enterprises by the State Bank of Pakistan, and providing the business community opportunity to benefit from trade potential of Uzbekistan.
They also lauded the government’s initiative to directly listen to the proposals of the business community for the first time and also pointed out hurdles in the business for a gulf between the government and the business community in the past.
