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Economic stability revives Int’l institutions’ trust: Aurangzeb

Finance Minister Muhammad Aurangzeb said on Sunday the economic stability in Pakistan has revived the trust of international institutions.

Addressing a press conference in Islamabad, he said that the country’s economy has significantly improved with the prudent economic policies of the government. He said that with the prudent economic policies sustainable economic stability will also be achieved.

He reiterated the government’s commitment to digitizing the Federal Board of Revenue in order to ensure transparency and end corruption. He stressed the need to avoid the human interventions in order to make the system of FBR free from malpractices.

Muhammad Aurangzeb said that retailers will be brought under tax net and for this purpose forty two thousand retailers have so far been registered. He vowed to bring the tax to GDP ratio to thirteen percent in next three years by introducing pragmatic reforms in various sector of the economy.

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