Karachi: Finance Minister Muhammad Aurangzeb held a virtual dialogue with the Overseas Investors Chamber of Commerce and Industry (OICCI), which included senior leaders from multinational companies operating in Pakistan.

The Minister articulated the Government’s medium-term economic vision, aiming to broaden the tax base and increase the tax-to-GDP ratio for sustained fiscal health. He emphasized structural reforms to bolster macroeconomic stability.

Aurangzeb highlighted recent changes at Pakistan Revenue Automation Limited (PRAL) aimed at increasing transparency and efficiency, with prospects for private sector involvement in data-driven enforcement. He reported that global investors expressed confidence in Pakistan’s economic turnaround during his recent visit to the United States, urging continued reform efforts.

Reaffirming the Government’s commitment, Aurangzeb stated, “We are committed to implementing reforms that will enable a more equitable tax regime, encourage investment, and position Pakistan on a trajectory of inclusive and sustained economic growth.”

OICCI President Yousaf Hussain expressed support for the Government’s economic direction, emphasizing the importance of export expansion, input localization, and competitiveness-focused structural reforms.

Chief Executive and Secretary General of OICCI M. Abdul Aleem praised the Finance Minister’s effective outreach to global stakeholders and the Government’s focus on structural reforms and fiscal discipline.

The meeting, attended by CEOs of OICCI member companies and senior officials from the Federal Board of Revenue, included discussions on sales tax anomalies affecting oil refineries and other tax enforcement issues.

The dialogue concluded with a mutual commitment to enhancing public-private collaboration to promote sustainable economic growth.