The Federal Minister for Finance, Hammad Azhar has reiterated that the government of Pakistan is fully committed to implement structural reforms, protecting social spending and boosting social safety nets in order to protect the vulnerable segments of the society.
According to media reports, the Finance Minister has made these remarks, while talking to Vice President South Asia Region, World Bank Hartwig Schafer, in a virtual meeting on Wednesday.
On the occasion, Hammad Azhar has stressed that harmonization of General Sales Tax (GST) is a priority area for the government. He said the Federal and Provincial Tax authorities are working out procedures for its smooth implementation.
The Finance Minister has expressed firm resolve of the government in implementing reforms under ongoing World Bank projects.
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On the occasion, the Federal Minister for Energy, Omar Ayub Khan and Special Assistant on Power Tabish Gauhar outlined the steps being taken to streamline the power sector, improving service delivery and serving the larger interest of electricity consumers.
The Energy Minister and Special Assistant emphasized that the government is fully committed to make power sector dynamic and more sustainable.
The Vice President, World Bank has appreciated the relief initiatives of Pakistan’s government to curtail the impact of coronavirus pandemic effectively. He reiterated the World Bank’s continuous support to Pakistan during testing times.
