Govt committed to provide incentives to business community: Tarin

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Staff Reporter

Islamabad

Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired a meeting with the representatives of Overseas Investment Chamber of Commerce and Industry (OICCI) and Pakistan Business Council (PBC) here at the Finance Division.

Adviser to the Prime Minister on Commerce Abdul Razak Dawood and Special Assistant to the Prime Minister on Finance and Revenue Dr. Waqar Masood also participated in the meeting.

In his opening remarks, the Finance Minister stated that Government is firmly committed to providing incentives to business community, which are targeted and sustainable in the long run.

The end goal is to achieve an all-inclusive sustainable economic growth, which leads to industrialization, employment generation, export-led growth and import substitution, he added.

Later, a delegation of Pakistan Textile Exporters Association (PTEA) called on the Federal Minister for Finance and Revenue, Shaukat Tarin, at the Finance Division.

Adviser to the Prime Minister on Commerce Abdul Razak Dawood, Special Assistant to the Prime Minister on Finance and Revenue Dr. Waqar Masood, Chairman FBR Asim Ahmad and other senior officers also participated in the meeting.

Patron-in-Chief of Pakistan Textile Exporters Association Mr. Khurram Mukhtar commended the recent measures taken by the Government to facilitate businessmen and exporters amid Covid-19 pandemic.

He specifically lauded the fully automated system of FBR for disbursement of refunds in an expeditious manner.

The Finance Minister reiterated the commitment of the Government to facilitate textile sector for enhancing value-added exports.

He stressed the need for consolidating fragmented businesses and promoting value-added exports on competitive basis internationally.

The Finance Minister further stated that Government believes in building a strong partnership with businessmen, traders and exporters for evolving a roadmap through consultative process for a sustained and robust export-led growth, he concluded.