Islamabad, May 16, 2014 (PPI-OT): Finance Minister Senator Ishaq Dar met with traders’ delegation from Lahore, Faisalabad and Rawalpindi at the Finance Ministry today. The Finance Minister gave a complete outlook of the state of economy and informed traders that Pakistan is out of the danger of default now. He said that the success of Euro Bond and Auction of Spectrum has also boosted the international confidence in economic policies of the government.
At the outset the Finance Minister suspended the implementation of the SRO-351 of 2014 and formed a committee comprising representatives of traders associations, chambers of commerce and industry and FBR Chairman to review the fairness of the SRO.
The said SRO came to the notice of Finance Minister last evening which was issued without his approval. He also informed the delegation that their all genuine concerns will be considered in order to put Pakistan on path to progress and development.
The representatives of the Chambers and Traders appreciated the reform agenda of the government. They appreciated the suspension of discriminatory SRO, which is highly unfair as it planted the same official of FBR as investigator and arbiter in taxation matters.
The traders reposed their confidence in the overall direction of the economy set by the Finance Minister. MPA Hamza Shahbaz, Provincial Ministers, Government of Punjab, Chairman FBR and senior officials of the Finance Ministry were present in the meeting.
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