Esther Perez Ruiz, Resident Representative of the International Monetary Fund (IMF), paid a courtesy visit to Shaukat Tarin, Federal Minister of Finance and Revenue.
The Minister congratulated the Resident Representative on his next appointment, which will begin in November 2021.
The finance minister warmly welcomed the finance minister and said Pakistan is deeply committed to inclusive and sustainable economic growth, with a focus on a bottom-up approach to improve the plight of marginalized groups. To this end, the government intends to engage development partners in expanding economic development through fiscal consolidation and sound economic measures in the midst of the COVID-19 pandemic and in the post-COVID-19 scenario. He thanked the IMF for the timely assistance during the testing period.
The finance minister highlighted the government’s key initiatives to provide maximum assistance to the masses. The government is taking administrative, policy and relief measures to counter the upward pressure on prices for staple foods caused by the epidemic. The government has adopted a comprehensive strategy to increase revenue collection and expand the current tax base. He also highlighted the FBR’s commendable record of exceeding its revenue collection targets in recent months, despite the ongoing COVID-19 situation. He added that expanding the tax base is one of the main goals of the government.
The finance minister reaffirmed the government’s commitment to the IMF program and looks forward to a successful conclusion of the forthcoming review of IMF Programme.
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