Finance Minister Muhammad Aurangzeb ha said the government is committed to improving the overall investment climate and addressing structural issues affecting business confidence.
He was talking to a delegation of the Rawalpindi Chamber of Commerce and Industry (RCCI) led by President Usman Shaukat and Group Leader Sohail Altaf in Islamabad today.
Referring to the work of the Special Investment Facilitation Council (SIFC), he said several initiatives have been launched to streamline approvals, improve regulatory coordination and facilitate investment in key sectors.
On taxation and business facilitation, Muhammad Aurangzeb emphasized the government’s commitment to maintaining close engagement with chambers of commerce and industry representatives. He said regular dialogue with the business community is essential to ensure that tax policies reflect economic realities and promote growth while ensuring fairness in the system.
The Finance Minister also briefed the delegation on the evolving global oil and energy situation in the context of regional developments. He said the government’s immediate priority has been to ensure uninterrupted availability of fuel and energy supplies across the country.
He explained that timely price adjustments had been necessary to maintain market stability and ensure that supply chains continued to function effectively. The government is closely monitoring the availability of petrol, diesel, crude oil, LNG and LPG while planning ahead to manage supply pressures arising from global uncertainties. He added that energy conservation and prudent consumption measures are also being considered to manage demand while safeguarding economic activity.
Earlier, RCCI President Usman Shaukat thanked the Finance Minister for providing the delegation an opportunity to share its views and briefed the meeting on the RCCI delegation’s recent visit to the United States.
