Islamabad:The new government is committed to economic recovery, the government’s commitment is expressed by continuing the measures taken during the caretaker government, but for economic recovery, the government will have to make important decisions on several fronts, firstly the risk of default. Another program from the IMF is very important to deal with.
The appointment of Muhammad Aurangzeb as the Finance Minister is a positive sign, his name is well-known in the banking sector regarding digitization, so at this time there is a dire need to digitize all government institutions of Pakistan, but first the FBR should be fully Digitization is important.
With the tax net shrinking due to outdated practices and those who are included in the tax net are not fully active tax payers, digitization is an important step to tackle tax irregularities and complexities and widen the tax net. Will be.
In addition, Pakistan needs to increase its exports, despite the excellent climate and area, the agricultural production of Pakistan is not satisfactory, steps have to be taken to improve the agricultural situation, in addition to other countries in the region and Trade relations with the countries of South Asia, Middle East, Central Asia and Africa will have to be increased, and Pakistan will have to develop its trade policy on modern lines.
