PMI reaffirms support for Pakistan's market regulation efforts

May 06, 2026 (MLN): Philip Morris International (PMI) has called on Pakistan's finance ministry to discuss the company's economic contributions to the country and stressed the need for a stable fiscal environment to sustain large-scale foreign investment and protect national revenue streams.

Minister of State for Finance and Revenue Bilal Azhar Kayani received the PMI delegation at the Ministry of Finance in Islamabad, according to a press release issued.

The delegation was led by President CIS & Central Asia Marco Mariotti, who presented a comprehensive briefing on the company's economic footprint, including its contributions to Pakistan's export and tax base.

Discussions focused on economic cooperation, sector-specific challenges, and measures to ensure the sustainability of national revenue. The delegation reaffirmed its support for government efforts to strengthen market regulations and curb informal trade practices.

Minister Kayani highlighted the government's commitment to fostering a business-friendly climate that encourages foreign direct investment and ensures a level playing field for all industrial stakeholders. He said the administration remains focused on stabilizing the economy through robust enforcement of trade regulations and sustainable fiscal policies.

The meeting concluded with both sides agreeing to maintain an active partnership, with continued engagement expected to support a more predictable regulatory environment and contribute to Pakistan's long-term economic stability.

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