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'Tariff rationalisation pressing need of the time'


Business
April 29, 2021
ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin on Wednesday underscored the need of tariff rationalisation to encourage industrialisation as the government struggled to avert the impact of import duty cuts on revenue collection. “Tariff rationalisation is a pressing need of the time. Rationalising tariff structure must aim at broadening and strengthening industrial base and contribute towards overall economic growth,” Tarin said during a meeting at the finance division.
“A dynamic tariff structure is vital for export-led industrialisation and improves competitiveness of domestic industry.”
Minister for Industries and Production Khusro Bakhtyar, Adviser to the Prime Minister on Commerce Razak Dawood, Special Assistant to Prime Minister on Revenue Waqar Masood, and others attended the meeting. ....

Waqar Masood , Khusro Bakhtyar , Razak Dawood , Revenue Shaukat Tarin , Production Khusro Bakhtyar , Prime Minister , Commerce Razak Dawood , Special Assistant , Revenue Waqar Masood , வகார் மசூட் , ர்யாஸக் தாவூத் , ப்ரைம் அமைச்சர் , வர்த்தகம் ர்யாஸக் தாவூத் , சிறப்பு உதவியாளர் , வருவாய் வகார் மசூட் ,

Finance minister tasks EAC to formulate time-bound plans


Business
April 23, 2021
ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin on Thursday tasked the newly-formed economic advisory council (EAC) to devise short, medium and long-term plans with respective timelines to optimise the financial and economic policies.
Presiding over the first session of the EAC after its re-constitution at the finance division, Tarin formulated sub-groups and assigned areas for further deliberation and directed to firm-up proposals after seeking input from all concerned. The minister emphasised short, medium and long-term plans with respective timelines for an effective way forward. The finance minister emphasised the importance of evolving consensus on macro-economic stabilisation measures and reform agenda for an inclusive and sustained economic growth after taking all stakeholders on board. ....

Waqar Masood , Khusro Bakhtyar , Ishrat Hussain , Razak Dawood , Economic Affairs Division Omar Ayub , Research Fakhar Imam , Revenue Shaukat Tarin , Production Khusro Bakhtyar , Food Security , Commerce Razak Dawood , Institutional Reforms , Austerity Ishrat Hussain , Revenue Waqar Masood , வகார் மசூட் , இஸ்ராத் ஹுசைன் , ர்யாஸக் தாவூத் , ஆராய்ச்சி பகார் இமாம் , உணவு பாதுகாப்பு , வர்த்தகம் ர்யாஸக் தாவூத் , நிறுவன சீர்திருத்தங்கள் , சிக்கனம் இஸ்ராத் ஹுசைன் , வருவாய் வகார் மசூட் ,

Govt approves hiring of private firms for SOEs' forensic audit


Govt approves hiring of private firms for SOEs’ forensic audit
Business
April 8, 2021
ISLAMABAD: The government on Wednesday approved hiring of private firms for forensic audit of Pakistan International Airlines (PIA) and other state-owned enterprises to find out causes of their losses and fix responsibilities.
The decision was taken during a meeting of the cabinet committee on state-owned enterprises, presided over Minister for Finance, Revenue, Industries and Production Hammad Azhar. Minister for Privatisation Mian Soomro, Adviser to the Prime Minister for Commerce Razak Dawood, Adviser to the Prime Minister for Institutional Reforms and Austerity Ishrat Hussain and Special Assistant to the Prime Minister on Revenue Waqar Masood also participated in the meeting. After due deliberation, the committee approved the revised terms of reference (TORs) for forensic audit of the state-owned enterprises to be followed by the Auditor General of Pakistan (AGP) office as ....

Mian Soomro , Waqar Masood , Ishrat Hussain , Razak Dawood , Pakistan International Airlines , Production Hammad , Privatisation Mian Soomro , Prime Minister , Commerce Razak Dawood , Institutional Reforms , Austerity Ishrat Hussain , Special Assistant , Revenue Waqar Masood , Auditor General , வகார் மசூட் , இஸ்ராத் ஹுசைன் , ர்யாஸக் தாவூத் , பாக்கிஸ்தான் சர்வதேச விமான நிறுவனங்கள் , ப்ரொடக்ஶந் ஹம்மட் , ப்ரைம் அமைச்சர் , வர்த்தகம் ர்யாஸக் தாவூத் , நிறுவன சீர்திருத்தங்கள் , சிக்கனம் இஸ்ராத் ஹுசைன் , சிறப்பு உதவியாளர் , வருவாய் வகார் மசூட் , தணிக்கையாளர் ஜநரல் ,