Miftah Ismail assures Japanese companies to resolve their issues

June 15, 2022: Federal Minister for Finance and Revenue Mr Miftah Ismail has assured Japanese companies working in Pakistan of the full support of government for the resolution of their issues.

Finance Minister chaired a meeting on the resolution of issues of Japanese companies working in Pakistan, today.

The Finance Minister was briefed about the issues being faced by the Japanese Companies. The challenges faced by Japanese companies were the implementation of industrial policies, tax incentives for locally manufactured automobiles, incentives to businesses located in SEZ and EPZ, cash margin requirements and support for the development of a stable business environment for the automobile market.

The Finance Minister after comprehensive deliberation with all stakeholders assured the delegation of the full support of the government for resolution of their issues and directed the relevant authorities to expedite the matter.

Chairman FBR, Governor SBP, Secretary of Science and Technology, Secretary of Industries and Production, Secretary of Commerce, and senior officers from the Board of Investment and Finance Division inter-alia attended the meeting.

Press Release