UK's Delivery Associates deepens ties with Pakistan

July 09, 2024 (MLN): UK based company Delivery Associates has committed to enhance collaboration with Pakistan with a focus on mutual strategic goals and sustainable economic development, said a press release issued on Monday.

The commitment was expressed by the founder and chairman of Delivery Associates Michael Barber during a meeting with Finance Minister Muhammad Aurangzeb yesterday.

Michael Barber appreciated the Federal Budget 2024-25 and the structural reforms in taxation implemented by the Government of Pakistan.

Recognizing the challenges involved, he discussed the priority areas of Pakistan's homegrown economic plan.

Michael reaffirmed the commitment to continuing support, building on previous collaborative efforts with Pakistan.

The Finance Minister outlined key priority areas for the Government comprising of taxation reforms, energy sector reforms, and restructuring of State-Owned Enterprises (SOEs).

Emphasizing the importance of structural reforms within the framework of the IMF program, the Federal Minister highlighted initiatives aimed at enhancing exports, attracting Foreign Direct Investment (FDI), and the privatization efforts.

He underscored the government's focus on export-led growth and the digitalization of the Federal Board of Revenue (FBR) to ensure transparency and expand the tax base.

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