Govt engages Daraz, Alibaba in FY27 Budget stakeholder consultations

News Image

MG News | June 06, 2026 at 04:03 PM GMT+05:00

June 06, 2026 (MLN): Pakistan's government held a pre-budget consultative meeting with representatives of Daraz and Alibaba Group, with a focus on the e-commerce sector's regulatory environment.

Business facilitation, compliance mechanisms, and digital commerce development were also part of the agenda ahead of the Federal Budget FY2026-27.

Minister of State for Finance and Revenue Bilal Azhar Kayani chaired the session at the Ministry of Finance, attended by Ben Yi, Daraz Group Chief Commercial Officer, Kamran Pervaiz, Director Corporate Affairs, and Umar Usmani, Director Government Affairs, alongside senior Ministry officials including representatives from the Tax Policy Office.

The delegation presented its perspectives and proposals on the evolving e-commerce landscape in Pakistan, said a press release issued.

The perspective covered the role of digital platforms in promoting entrepreneurship, expanding market access, strengthening economic documentation, and supporting the country's broader digital transformation agenda.

Bilal Kayani emphasized that all proposals under consideration for the upcoming budget are being examined against the government's broader fiscal and economic priorities, reiterating its commitment to a balanced policy framework.

 The framework would supports economic activity, encourages investment and innovation, and promotes sustainable growth.

The minister appreciated the delegation's input and emphasized the importance of continued stakeholder engagement in the policy formulation process, reaffirming the government's commitment to a consultative and inclusive approach to decision-making.

The meeting concluded with a shared understanding on the need for sustained collaboration between the government and the private sector to strengthen Pakistan's digital economy, improve the business environment, and contribute to long-term economic development.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 170,478.94
174.95M
-0.41%
-696.57
ALLSHR 102,885.54
725.60M
-0.29%
-297.60
KSE30 50,877.61
79.52M
-0.67%
-344.88
KMI30 243,917.86
73.26M
-0.62%
-1524.88
KMIALLSHR 66,743.35
311.96M
-0.35%
-234.16
BKTi 46,317.47
21.24M
-0.81%
-377.00
OGTi 35,218.63
5.39M
-1.33%
-473.03
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 60,945.00 62,405.00
59,600.00
430.00
0.71%
BRENT CRUDE 92.78 95.90
92.67
-2.25
-2.37%
RICHARDS BAY COAL MONTHLY 122.00 122.00
121.00
-0.75
-0.61%
ROTTERDAM COAL MONTHLY 134.35 138.25
134.00
0.30
0.22%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 90.25 93.63
89.68
-2.79
-3.00%
SUGAR #11 WORLD 14.12 14.50
14.09
-0.15
-1.05%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg