Aurangzeb affirms digitisation drive to expand tax base, enhance economic stability
In a meeting between Federal Finance and Revenue Minister Muhammad Aurangzeb and Japanese Ambassador to Pakistan, HE Mitsuhiro Wada, held on Tuesday, the commitment to bolster Pakistan’s economic framework and strengthen bilateral relations between the two nations was reaffirmed.
Minister Aurangzeb welcomed the Japanese ambassador and stated that the Government of Pakistan is committed to undertake reforms to bring macro-economic stability and sustainability. He stated that increasing the tax to GDP ratio remains a priority area. In this regard, the government will strive to achieve end to end digitisation with an aim to expand the tax base, bring transparency in the tax system and improve the client experience. He further apprised the ambassador about energy sector reforms. While focus would be on reducing the costs in the sector but governance issues of the distribution companies will be addressed through private participation in the management and eventual privatisation.
