Mohammad Arshad Islamabad
Finance Minister Shaukat Tarin on Thursday, that there was a need to instill confidence and build public sentiment for sustainable and all-inclusive economic growth.
He hoped that collective decision-making would help in putting an end to repeated boom-and-bust cycles which played havoc with our national economy over the years.
While chairing first meeting of the Economic Advisory Council (EAC) after taking charge of his office, Finance Minister emphasized to present short, medium and long-term plans with respective timelines for an effective way forward.
He said that EAC was a well-informed and well-represented forum comprising of official and private representatives.
The Finance Minister formulated sub-groups and assigned areas for further deliberation and directed to firm-up proposals after seeking input from all concerned.
The SAPM on Revenue Dr. Waqar Masood made a detailed presentation and outlined key priority areas for productive discussion including sustained and inclusive economic growth, employment generation, price stability mechanism, tax reforms, Housing sector, Ease of Doing Business, pension reforms, rationalization of subsidies, food security, revamping power and energy sectors, social protection network, health and improvement in overall governance.
