Says committee reviewed progress on various proposals, emphasised the need for growth-oriented measures
Deputy Prime Minister. Foreign Minister Ishaq Dar on Thursday chaired a follow-up meeting of the committee constituted by the Prime Minister Shehbaz Sharif to continue deliberations on tax policy proposals for the forthcoming budget.
According to a post on X, DPM Dar said, "The committee reviewed progress on various proposals. emphasised the need for balanced, growth-oriented measures aimed at broadening the tax base, enhancing revenue generation, and promoting investment and economic growth".
The minister further added that the committee reiterated its priority for balanced. growth-oriented measures that enhance revenue generation while safeguarding compliant taxpayers from any additional tax burden.
"The meeting was attended by the minister for the economic affairs division, SAPM Tariq Bajwa, minister of state for finance. railways, finance secretary, chairman of the FBR, and senior officials from relevant ministries," the statement added.
Deputy Prime Minister / Foreign Minister Senator Mohammad Ishaq Dar@MIshaqDar50chaired a follow-up meeting of the committee constituted by the Prime Minister. to continue deliberations on tax policy proposals for the forthcoming budget.The Committee reviewed progress on…pic.twitter.com/2TUJRT6ycr
A day earlier, Finance Minister Muhammad Aurangzebheld a meetingwith the visiting IMF mission to review Pakistan’s macroeconomic outlook, discussed the upcoming budget preparations. ongoing reforms aimed at strengthening economic stability and sustainable growth.
The discussions focused on Pakistan's macroeconomic stabilisation efforts, preparations for the upcoming federal budget,. the broader reform agenda aimed at strengthening fiscal and external sustainability.
Read:Textile sector presents budget proposals
Both sides exchanged views on maintaining reform momentum, preserving macroeconomic stability,. advancing structural reforms to promote investment, productivity, and export-led growth within a balanced and forward-looking policy framework.
On Tuesday, FinMin alsoheld a meetingwith a high-level delegation representing Pakistan's textile. apparel sector, which presented a comprehensive set of proposals for the Federal Budget 2026-27 aimed at strengthening the sector's competitiveness.
The delegation highlighted the textile sector's vital contribution to exports, employment and foreign exchange earnings. It emphasised the need for a stable, growth-oriented policy environment to cope with global market dynamics and increasing regional competition.
Key proposals focused on taxation reforms, energy affordability, export facilitation, industrial modernisation, liquidity management, investment promotion. ease of doing business.
The representatives stressed that timely policy support would strengthen export competitiveness, promote value-added manufacturing and attract fresh investment. They called for efficient refund mechanisms, rationalised energy pricing structures, facilitation for exporters and reduced compliance burden.
Aurangzeb appreciated the sector's engagement and reaffirmed the government's commitment to regular consultations through the tax policy office.
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