Finance Minister Muhammad Aurangzeb held a consultative session with a delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to discuss export facilitation, taxation proposals, and broader economic reforms ahead of the FY27 budget.
The FPCCI delegation, led by President Atif Ikram Sheikh, presented sector-specific recommendations related to sales tax, customs duties, industrial inputs, export competitiveness, machinery imports, and tax compliance costs.
During the meeting, the finance minister emphasized the government’s focus on sustaining macroeconomic stability, encouraging export led growth, strengthening economic documentation, and improving the investment climate.
Aurangzeb highlighted ongoing reforms centered on automation, digital invoicing, data integration, and simplification of tax procedures aimed at improving transparency and facilitating genuine businesses.
The discussion also covered proposals related to exporters, manufacturers, traders, and industrial sectors including textiles, steel, edible oil, plastics, chemicals, and cotton ginning.
FPCCI representatives stressed the need for faster refund processing, lower compliance costs, easier access to industrial raw materials, and more efficient customs and regulatory procedures.
Both sides also exchanged views on trade facilitation, export diversification, industrial productivity, documentation of the economy, and improving Pakistan’s competitiveness in regional and international markets.
The finance minister assured the business community that its recommendations would be reviewed as part of the ongoing budget formulation process and reiterated the government’s commitment to continued engagement with private sector stakeholders.