Budget FY23 to bring business friendly environment: Miftah Ismail

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By MG News | May 19, 2022 at 11:21 PM GMT+05:00

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May 19, 2022: The federal budget for the fiscal year 2022-23 will be business friendly and contribute to the promotion of exports and businesses in the economy, Finance Minister for Finance and Revenue Miftah Ismail said during a meeting with Mr. Shini Yanagi - Vice Chairman of Indus Motor Company at Finance division on Thursday.

While welcoming Mr. Shini Yanagi, Miftah Ismail said that the present government is cognizant of the issues of the business community and hurdles in the expansion of business activities in the country.

 He said that present government is committed to provide conducive and friendly environment to the investors and businessmen for the growth of economic activity and enhancement of exports. He further said that the upcoming budget.

Mr. Shini Yanagi and Mr. Ali Asghar Jamali-CEO of Indus Motor Company briefed the Finance Minister on the performance of the company and its contribution to the revenue of Pakistan. They also presented some proposals concerned with auto industry for the upcoming budget. They requested for support of the government to the auto industry in the upcoming budget in order to sustain the consumer prices and sales of cars.    

The Finance Minister further assured Mr. Shini Yanagi - Vice Chairman of Indus Motor Company of government’s full cooperation and support.

Press Release

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