FinMin highlights reform agenda in OICCI meeting

May 02, 2025 (MLN): The government reiterated its commitment to macroeconomic stability, sustainability, and inclusive growth during a Zoom meeting with the office bearers and members of the Overseas Investors Chamber of Commerce & Industry (OICCI), held by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb.

The Minister outlined the broader macroeconomic reform agenda and emphasized efforts to improve the overall economic framework through structural reforms aimed at increasing efficiency, transparency, and accountability in critical sectors such as taxation, energy, public finance, and state-owned enterprises.

He noted that progress had been achieved in stabilizing the economy through disciplined fiscal management, enhanced coordination between federal and provincial governments, and stronger institutional mechanisms.

These initiatives, he stated, are key to creating a resilient economic foundation capable of absorbing both internal and external shocks, as per the press release issued today.

Reaffirming the government's policy direction, the Finance Minister highlighted its dual focus on sustaining macroeconomic stability and promoting long-term, private sector-led growth.

He assured the OICCI leadership that their feedback is valued. All constructive suggestions would be considered during the budget formulation process.

OICCI acknowledged the government’s engagement with international partners and welcomed the consistent focus on structural reforms and investor confidence.

The Chamber presented its views on broadening the tax base, enhancing enforcement through technology and inter-agency collaboration, and increasing institutional engagement with the private sector to support more effective policymaking and execution.

Additionally, the Chamber noted that its Business Confidence Survey reflected improved sentiment over the past year and expressed optimism that recent macroeconomic improvements would further uplift investor confidence in the months ahead.

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