Islamabad: Prime Minister Imran Khan directed the relevant authorities to review the current tax regime and make it suitable for investment and businesses, according to a news source. With changes in investment policies, there would be ease in doing business, which would bring money to the national exchequer and improve the economy of Pakistan.
The measures that could be taken for this purpose were discussed at a meeting held to review progress on encouraging business and investment in the country. The benefits of wealth creation and trickle-down economics were also discussed at this meeting, which was attended by Finance Minister Asad Umar, Law Minister Dr Farogh Naseem, Board of Investment (BOI) Chairman Haroon Sharif, Commerce Adviser Abul Razak Dawood, federal secretaries, and other senior officials.
The BOI was directed to prepare a comprehensive plan detailing all the issues faced by the sectors of economy and how they could be tackled in the most efficient and streamlined manner. It was also reiterated that special efforts were being made to bridge the gap between the public and private sectors, and create a framework that would allow them to cooperate, leading to a healthy business environment.
