Govt Eyes Export Boost & Tax Reform Finance Minister
Talking to the media, the finance minister said that the government is working on it and regularly monitoring the prices of pulses, sugar, and other essential items. “We want to extend benefit to common man”.
The federal minister said that it is necessary to reset our direction for the sake of economic stability.
He was opined that the IT and mining sectors will become game-changer for the country’s economy. “After beginning of mining in Reko Diq, the country’s exports are expected to enhance in year 2028”, he said.
“Every sector has to add its share in exports for the national development,” the minister said.
He said the tax to GDP ratio is required to be increased to 13.5% for the betterment of the economy.
The federal minister said he knows well the issue of taxes on the salaried class. “We are going to simplify the FBR form for the salaried class. They will fill this form even with their mobile phones,” the finance minister said.
He said the privatization of 24 state-owned enterprisesenterprises has been on the cards.
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