ISLAMABAD: The Finance Minister, Muhammad Aurangzeb, appreciated PARCO’s business plans in Pakistan for their potential to boost the economy during a meeting with Executive Vice President for Oceania & South Asia, Mehmet Celepoglu, who was accompanied by CEO & MD Total PARCO, Asif Iqbal.
Mehmet Celepoglu expressed appreciation for the government for its robust macroeconomic performance, emphasizing its positive impact on the business environment.
He expressed gratitude for the government’s proactive measures significantly benefiting the industry.
The delegation requested facilitation regarding sales tax refunds and documentation procedures with the SBP.
He highlighted the substantial increase in Pakistan’s foreign exchange reserves and underscored the ongoing support from multilateral institutions and the IMF, which are expected to further stabilize the economic landscape.
The Federal Minister also outlined the government’s efforts to enhance the tax-to-GDP ratio & tax base to improve economic growth and fiscal discipline and reiterated investment facilitation processes of the government.
