Islamabad: Finance Minister Muhammad Aurangzeb has affirmed the government's dedication to improving the overall investment environment and tackling structural challenges that impact business confidence. He shared these insights while meeting with a delegation from the Rawalpindi Chamber of Commerce and Industry (RCCI), led by President Usman Shaukat and Group Leader Sohail Altaf.
According to Radio Pakistan, the Finance Minister highlighted the efforts of the Special Investment Facilitation Council (SIFC) in launching several initiatives aimed at streamlining approvals, enhancing regulatory coordination, and promoting investment in critical sectors. Muhammad Aurangzeb stressed the importance of maintaining close engagement with chambers of commerce and industry representatives, particularly concerning taxation and business facilitation. He underscored the need for regular dialogue with the business community to ensure tax policies align with economic realities, foster growth, and maintain fairness.
The Finance Minister also discussed the global oil and energy situation, considering regional developments. He emphasized the government's priority of ensuring an uninterrupted supply of fuel and energy nationwide. The Minister noted that timely price adjustments had been crucial for maintaining market stability and ensuring effective supply chain operations. The government is actively monitoring the availability of petrol, diesel, crude oil, LNG, and LPG, while planning to manage supply pressures from global uncertainties. Additionally, the government is considering energy conservation and prudent consumption measures to manage demand while protecting economic activity.
Earlier, RCCI President Usman Shaukat expressed gratitude to the Finance Minister for the opportunity to share the delegation's perspectives and provided a briefing on the RCCI delegation's recent visit to the United States.