ISLAMABAD – Federal Minister for Finance and Income Mohammad Ishaq Dar on Saturday urged the involved officers in Petroleum Division, Needle Corporations and PSOs to make vital efforts to enhance their liquidity on the earliest.
He chaired a gathering on power sector reforms within the Finance Division. SAPM on Finance Tariq Bajwa, SAPM on Income Tariq Pasha, Secretary Finance, Secretary Petroleum, Auditor Normal of Pakistan, MD SSGCL, MD & CEO of needle firms, and senior officers of Finance and Petroleum Division attended the assembly.
The assembly mentioned concerning the ongoing points within the power sector, and mentioned viable proposals to provoke power sector reforms to enhance money movement, particularly within the fuel sector. The Finance Minister urged the involved officers within the Petroleum Division, needle firms and PSOs to make vital efforts to enhance their liquidity on the earliest. He harassed that it’s the precedence of the federal government to deal with the liquidity points and efficiency of SOEs of the power sector to reinforce the financial progress of the nation.
In the meantime, Federal Minister for Finance and Income Mohd Ishaq Dar chaired the assembly of the Reforms and Useful resource Mobilization Fee (RRMC) within the Finance Division. Ashfaq Yusuf Tola, MoS/Chairman RRMC, Tariq Bajwa SAPM on Finance, Tariq Mehmood Pasha, SAPM on Income, Secretary Finance, Chairman FBR, and different senior officers of Finance Division, FBR and RRMC attended the assembly.
Finance Minister Senator Ishaq Dar welcomed the members of the Fee and highlighted the present financial and monetary outlook of the nation. He shared that regardless of the challenges, the federal government is set to set the economic system on a optimistic path by introducing reforms in varied sectors to realize financial stability and progress. The Chairman of the Fee introduced an interim report containing the suggestions of the Fee to the Finance Minister.
The Finance Minister appreciated the efforts of RRMC to determine the problems and challenges within the current taxation system and formulate invaluable solutions for bettering income insurance policies for useful resource mobilization, ease of doing enterprise and reaching sustainable financial progress for taxpayer comfort. Appreciated. The assembly deliberated on the solutions being given by the fee and agreed to provide you with enterprise pleasant tax reforms after session with all of the stakeholders. The Finance Minister conveyed his greatest needs and full help to the Fee in guaranteeing speedy implementation of the reforms. Chairman RRMC thanked the Finance Minister for taking eager curiosity within the course of and for his form help for the great reforms.