KARACHI: Federal Finance Minister Muhammad Aurangzeb said on Monday that the government’s role is not to do business, but to create a conducive environment for it. He added that efforts will be made to further reduce the tax burden on the salaried class.
While inaugurating a job fair in Karachi, the finance minister emphasised that the private sector must lead the country. He noted that such job fairs help youth find employment opportunities.
He stressed that economic stability requires an active role from the private sector. “I myself come from the private sector. It works 8 to 12 hours a day—it’s not corporate, and that difference is noticeable,” he said. Both government and private institutions were present at the job fair, he added.
Aurangzeb advised the youth that there are no shortcuts in practical life and encouraged them to embrace hard work. “Ups and downs happen, but talent remains unaffected. We need to move toward sustainable growth,” he stated.
The finance minister also highlighted that tariff reforms have been introduced, and the stock exchange is hitting new records daily, which he described as a sign of economic improvement. He added that Pakistan is moving in the right direction when it comes to reducing energy prices.
