Federal Minister for Finance and Revenue Mr. Miftah Ismail held a meeting with representatives of Pakistan Pharmaceutical Industry at Finance Division on Monday. Mr. Shahid Khaqan Abbasi MNA, Mr. Bilal Kiyani Coordinator to the PM on economy, Rana Ihsan Afzal, Coordinator to PM on Commerce & Industry, Chairman FBR, CEO GSK Ms. Erum Shakir Rahim, CEO Ferozsons Mr. Osman Waheed, MD Abbott Mr. Anis Ahmed, CEO Sante Mr. Tauqeer ul Haq, ED Pharma Bureau Ms. Ayesha Tammy Haq and senior officers from FBR and Finance Division attended the meeting.
The Chair was briefed about the contribution of the Pharmaceutical industry in the economic development of the country. The matters related to sales tax on import of raw material and refunds of sales tax faced by the Pharmaceutical industry in Pakistan were also discussed in the meeting.
Finance Minister Mr. Miftah Ismail acknowledged the contribution of pharmaceutical industry and stressed that the present government is committed to resolve the operational issues being faced by various sectors of the economy. He further assured the delegation to resolve the issues faced by the pharmaceutical industry at earliest.
The Finance Minister directed the relevant authorities to undertake the required measures for addressing the concerns of Pharmaceutical industry.
