Govt, PBC Discuss SOE Privatisation, Tax Reforms for Economic Efficiency

Advisor to Finance Minister Khurram Schehzad met Pakistan Business Council (PBC) leadership to discuss structural reforms, including proposed privatisation of power distribution companies (DISCOs), banks, and airports. They also explored bringing major public-sector entities like State Life Insurance Corporation (SLIC) to capital markets through IPOs. The meeting covered tax rationalisation and developing a predictable medium-term tax policy framework to support investment and business expansion. These efforts aim to enhance economic efficiency and attract private sector participation, potentially contributing to long-term PKR stability.

بحوالہ / Source: www.brecorder.com