ISLAMABAD, Feb 25 (APP):Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan on Wednesday said that the upcoming budget would be industry-friendly and business-friendly, aimed at providing relief and incentives to the business community.
He said during a meeting with Minister for Defence Khawaja Muhammad Asif and discussed matters relating to Pakistan’s economic growth, export promotion, and the upcoming federal budget, said a news release.
The meeting was also attended by a delegation from the Sialkot Chamber of Commerce and Industry, which presented its proposals and recommendations for consideration in the forthcoming budget.
He said that proposals regarding tax relaxation and incentives are currently under review and that the government is committed to incorporating practical and growth-oriented measures.
He emphasized that Pakistan’s economic development remains the government’s top priority. In line with the directives of prime minister, all ministries are working day and night to enhance exports and strengthen the national economy.
Haroon said that, in accordance with the prime minister’s vision, Pakistan’s first-ever National Industrial Policy has been prepared to provide a comprehensive framework for sustainable industrial growth.
He highlighted that regulatory reforms and new policies have been formulated to facilitate investors and improve the ease of doing business in the country.
Speaking on the occasion, Khawaja Muhammad Asif remarked that the dream of a strong economy cannot be realized without industrial development.
He stressed that unless the business community is provided with maximum facilitation, the country cannot move towards sustained improvement and prosperity.
The special assistant assured that the suggestions and feedback of traders and industrialists would be duly incorporated into the budget-making process to ensure inclusive and effective economic planning.