Finance Minister Ishaq Dar chaired the introductory meeting of the Reforms and Resource Mobilization Commission (RRMC) at the Federal Board of Revenue (FBR) on Friday.
The meeting was attended in person by Tariq Mehmood Pasha, Special Assistant to the Prime Minister (SAPM) on Revenue, Asim Ahmad, Chairman FBR, Ashfaq Yousuf Tola, Chairman RRMC, Dr. Mohammad Iqbal, Abdul Hameed Memon, Veqar Ahmed, Ghazanfar Bilour, Ardsher Saleem Tariq, and Tauqeer Ahmed. Virtually attending through Zoom were Rana Munir Hussain, President Pakistan Tax Bar Association, Irfan Iqbal Sheikh, President FPCCI, Asif Haroon, Haider Ali Patel, Abdul Qadir Memon, and Ziad Bashir.
Finance Minister Senator Ishaq Dar welcomed the Commission members, emphasizing the government’s commitment to steering the economy in the right direction despite inheriting a weak economic legacy. Dar highlighted ongoing efforts to introduce reforms across various sectors to achieve economic stability and growth.
Dar underscored the critical role of the Reforms and Resource Mobilization Commission in identifying issues within the current taxation system and proposing necessary reforms. These reforms aim to enhance resource mobilization and ease of doing business, ultimately fostering sustainable economic growth. Dar expressed his best wishes and pledged full support to the Commission, urging its members to dedicate their best efforts toward fast-tracking the introduction of tax reforms to ensure financial and economic stability and increased revenue generation.
Ashfaq Yousuf Tola, Chairman of RRMC, provided a briefing on the Commission’s formation and responsibilities. He assured the meeting of the Commission’s full cooperation in achieving its mandate swiftly for the country’s betterment and progress.
The meeting marked a significant step towards addressing the challenges in the taxation system and implementing reforms to boost Pakistan’s economic growth. The government’s initiative reflects its resolve to tackle financial challenges and build a robust economic framework for the future.
The RRMC’s efforts will be crucial in navigating the complexities of the current economic landscape and formulating strategies that promote efficiency, transparency, and growth in Pakistan’s financial sector.
