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Home Breaking News

Minister Bilal holds consultations with Nestlé, PMI ahead of federal budget 2026–27

byCT Report
06/05/2026
in Breaking News, Islamabad, Latest News, Slider News
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ISLAMABAD: Minister of State for Finance and Revenue Bilal Azhar Kayani chaired a consultative meeting with a delegation from Nestlé Pakistan, led by its chief executive officer amid the government’s ongoing stakeholder engagement process in the lead-up to the Federal Budget FY 2026–27.

Senior officials of the ministry, including representatives from the Tax Policy Office, also attended the meeting.

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Meanwhile, a high-level delegation from Philip Morris International (PMI) called on the state minister at the Ministry of Finance to discuss the evolving economic landscape and the company’s role in the national industrial sector.

The delegation, led by President CIS and Central Asia Mr. Marco Mariotti, provided a comprehensive briefing on the organisation’s substantial economic footprint and its contributions to Pakistan’s export and tax base.

The dialogue focused on the broader scope of economic cooperation and the necessity of maintaining a stable fiscal environment for large-scale international investors.

Both parties discussed the importance of addressing sector-specific challenges to ensure the sustainability of national revenue and the continued viability of legitimate commercial operations.

The delegation reaffirmed its support for government strategies aimed at strengthening market regulations and curbing informal trade practices.

Minister Bilal Azhar Kayani emphasised the government’s commitment to fostering a business-friendly climate that encourages foreign direct investment (FDI) and ensures a level playing field for all industrial stakeholders.

He noted that the administration’s focus remains on stabilising the economy through robust enforcement of trade regulations and the implementation of sustainable fiscal policies.

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