PM directs Economic Advisory Council to provide relief instead of imposing taxes on people

The Economic Advisory Council has been directed by the Prime Minister Imran Khan to present a road-map envisaging short, medium and long-term measures for economic stability and sustainable growth.

According to media reports, the Prime Minister, while chairing a meeting of the Economic Advisory Council via video link in Islamabad on Thursday, has said that the aim of the road-map should be to further organize important sectors of the economy including energy, construction, agriculture, tourism, social protection, subsidies, Small and Medium enterprises, remittances and public private partnership besides bringing stability to prices.

Imran Khan further stated that instead of imposing more taxes on the people, out of box solutions should be suggested to provide relief to them. He said reforms in the tax system and simplifying it is the priority of the government.

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The Premier has said that the Economic Advisory Council has been established to take advantage of the inputs of prominent economic experts in order to put the economy on strong footing. He said as a result of government’s steps, the business environment has improved and the confidence of entrepreneurs stands restored.

“It has remained endeavor of the government to not only frame policies in consultations with the business community but also ensure their continuation,” he added.