Karachi, January 8, 2026 – Dr. Najeeb Memon, Director General of the Tax Policy Office (TPO), Finance Division, assured the Overseas Investors Chamber of Commerce and Industry (OICCI) on Thursday of Pakistan’s commitment to formulating effective, predictable, and growth-oriented tax policies.
The interactive session, hosted by OICCI—a collective of the top 200 foreign investors in Pakistan—focused on constructive dialogue regarding tax policy challenges and reforms shaping the country’s investment climate. OICCI members highlighted systemic and structural tax concerns, emphasizing the need for stability, transparency, and consistency in tax policy implementation.
Key issues raised included delays in tax refund settlements, frequent changes in tax measures, and the cumulative cost of doing business. Investors stressed the importance of aligning policy intent with practical implementation, strengthening institutional coordination, simplifying tax procedures, and adopting a consultative approach for future reforms to boost foreign direct investment (FDI) and restore investor confidence.
Speaking at the session, Dr. Memon said, “Engagements with key economic stakeholders help the Government of Pakistan understand investor perspectives at a strategic level. Evidence-based input from OICCI will guide the development of a coherent and predictable tax policy framework.”
OICCI President Yousaf Hussain emphasized that long-term business planning depends on clear, stable, and medium-term tax policies. “A predictable framework focused on broadening the tax base, simplifying compliance, and promoting investment, exports, and job creation will enhance investor sentiment and support sustainable economic growth,” he said.
OICCI Secretary General M. Abdul Aleem added, “Structural tax reforms, timely settlement of pending refunds, and consistent policy implementation are critical for strengthening Pakistan’s competitiveness and attractiveness to foreign investors.”
The session concluded with both parties agreeing to maintain regular engagement, ensuring investor feedback continues to shape Pakistan’s tax policy reforms and improve predictability, consistency, and confidence in the investment environment.