Despite difficult economic circumstances, govt fully committed to put economy back on the path of growth & progress: Ishaq Dar

ISLAMABAD, May 31 (SABAH): A delegation of Pakistan Tobacco Company Limited led by Wael Sabra, Area Director Asia Pacific Middle East and Africa (APMEA) called on Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar and Defence Minister Khawaja Mohammad Asif at FBR(Headquarters).

SAPM on Finance Tariq Bajwa, SAPM on Revenue Tariq Mehmood Pasha, Chairman RRMC Ashfaq Yousif Tola , Secretary Finance, Chairman FBR and Pakistan Tobacco Company team participated in the meeting.

Wael Sabra briefed the Finance Minister about the Company’s business and investment profile and its role in the economic growth of Pakistan. He also brought to the notice of the Finance Minister various issues being faced by the organization in performing its operations effectively, especially those related to smuggling and illicit trading of tobacco and also presented proposals for consideration in the coming budget for the revenue growth of the country. The delegation requested the help and support of the government in resolving those issues.

Finance Minister Senator Mohammad Ishaq Dar expressed his gratitude to Pakistan Tobacco Company Limited for its appreciable investments in Pakistan and its contribution towards the economic growth of the country. He also mentioned the economic situation of the country and assured that despite the difficult economic circumstances, the government is fully committed to put the economy back on the path of growth and progress. He also informed the delegation that FBR has already put in place the Track and Trace system across the country and is also rigorously executing it to curtail the illegal trading and boost the revenue of the country.

The Finance Minister appreciated the PTC’s budget proposals and assured that Government will positively consider these suggestions while finalizing the Budget 2023-24.  The delegation thanked the Finance Minister for his cooperation and support.