Govt, FPCCI align on export growth, tax reforms

May 18, 2026 (MLN): The government reaffirmed its commitment to sustaining macroeconomic stability, promoting export-led growth, and advancing a technology-driven taxation framework aimed at broadening the tax base while reducing compliance burdens on businesses.

The assurance came during a meeting at the Finance Division between federal officials and a delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) held ahead of the upcoming Budget 2026–27.

The discussion covered a broad range of taxation and trade-related matters including sales tax, customs duties, export facilitation schemes, industrial inputs, and regulatory procedures, with the government underlining its focus on automation, digital invoicing, and process simplification to improve transparency and facilitate genuine businesses, according to a press release issued.

Federal Finance Minister Senator Muhammad Aurangzeb, who chaired the meeting, acknowledged the proposals presented by the delegation and assured participants that their input would be carefully reviewed as part of the budget formulation process.

Both sides shared a common understanding on the importance of continued collaboration between the Government and industry stakeholders to support economic reforms, strengthen documentation, improve competitiveness, and promote export-led growth.

The delegation included Mr. Saquib Fayyaz Magoon, Senior Vice President FPCCI; Vice Presidents FPCCI Mr. Aman Piracha, Mr. Asif Sakhi, Mr. Zaki Aijaz, and Mr. Tariq Jadoon; Mr. Sham Lal Manglani, Chairman Cotton Ginners Association; Mr. Umer Rehan, Chairman Pakistan Vanaspati Manufacturers Association; Mr. Ghazanfar Bilour, Former President FPCCI; Mr. Mian Zahid Hussain, Chairman FPCCI Policy Advisory Board; Mr. Karim Aziz Malik, Incharge FPCCI Capital Office; Mr. Malik Sohail Hussain, Chairman Coordination FPCCI Capital Office; Mr. Tariq Irshad, Chairman Steel Merchant Association; and Mr. Danish Saleem, Member FPCCI.

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