Govt committed to resolve issues of pharmaceutical industry

December 17, 2021: Adviser to the Prime Minister on Finance and Revenue Mr. Shaukat Tarin said that the government is fully committed to address the issues of the pharmaceutical industry and providing maximum support to them, said a press release issued yesterday.

Mr. Shaukat Tarin held a meeting with a delegation of Pakistan Pharmaceuticals Manufacturing Association (PPMA) headed by its chairman Mr. Qazi M. Manzoor at the Finance Division. Adviser to the Prime Minister on Commerce and Investment Mr. Abdul Razak Dawood, Governor SBP, Chairman FBR and senior officers of Finance Division attended the meeting.

Chairman PPMA highlighted the problems being faced by the pharmaceutical manufacturers especially issues related to refund of sales tax and sought the support of the government to resolve their issues. In his remarks, the Adviser to the Prime Minister on Finance and Revenue Mr. Shaukat Tarin lauded the contribution of pharmaceutical manufacturers for the betterment of the economy of Pakistan and assured them that the government is fully committed to resolving their issues and providing maximum support to them.

He also stressed the pharmaceutical industry to enhance their exports base. The Adviser also directed Chairman FBR to take all possible steps for the settlement of the issues of the pharmaceutical industry related to Sales Tax.

The PPMA delegation thanked the Adviser for making efforts in addressing the issues of the industry.

Press Release