Pakistan’s Finance Minister Reviews Progress on REMIT Initiatives

Tue Nov 05 2024
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ISLAMABAD: Pakistan’s Finance Minister Senator Muhammad Aurangzeb, chaired a meeting of the Revenue Mobilisation, Investment, and Trade (REMIT) Steering Committee on Tuesday.

The meeting aimed to review the progress on the implementation of decisions made during previous meetings, with a focus on revenue mobilization, investment climate, trade, and macroeconomic issues.

The meeting was attended by the British High Commissioner to Pakistan, Jane Marriott, as well as senior representatives from key government ministries, including the Ministry of Planning, Ministry of Finance, Ministry of Commerce, Ministry of Industries and Production, the Board of Investment, the Federal Board of Revenue (FBR), and REMIT’s implementing partners—World Bank, GCSI, and ASI.

The Committee reviewed the progress made by various stakeholders in sectors crucial to the economy, particularly revenue mobilization, investment climate, macroeconomic governance, trade, and climate change. The aim is to strengthen macroeconomic stability and create conditions for sustained, inclusive growth.

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Senator Muhammad Aurangzeb commended the overall progress of the REMIT programme and urged all stakeholders to adopt a more proactive and dedicated approach to urgently implement the final deliverables.

The Minister also pledged to personally oversee the completion of key activities and outcomes to ensure the program remains on track.

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