ISLAMABAD – Federal Finance and Revenue Minister Miftah Ismail on Wednesday expressed the government’s readiness to support the media industry and its associated organizations and individuals.
A delegation from the All Pakistan Akhbar Farosh Federation (APAFF) held a meeting with the Federal Minister at the Finance Division. The delegation was led by its central general secretary Tikka Khan. Senior managers from the Finance Division also attended the meeting.
The delegation informed the Minister of their problems, in particular related to the decision to reduce the supply of newspapers in the ministries. Miftah Ismail expressed the government’s determination to support the media industry and its associated organizations and individuals. He said the government believes in social upliftment of the masses and aims to solve their problems at all levels to support them. The Minister of Finance ordered the competent authorities to solve the problems of APAFF.
Meanwhile, Federal Finance and Revenue Minister Miftah Ismail also met on Wednesday with a delegation from Coca Cola Icecek Pakistan led by its Managing Director Ahmet Kursad Ertin at the Finance Division. Other senior officials from the Finance Division also attended the meeting.
The delegation expressed its warm feelings to the Minister of Finance for successfully concluding the agreement with the IMF and appreciated the business-friendly policies of the government. They briefed him on the operational nature of Coca Cola Icecek Pakistan and shared their significant contribution to the country’s overall GDP. It was also reported that Coca Cola Icecek Pakistan is planning to undertake new investment expansion plans due to the greater potential offered by the Pakistani market. They also shared with the Minister of Finance the problems they are facing regarding imports of certain items.
Miftah Ismail appreciated the company’s growth and tax revenue generation for Pakistan’s economy. The finance minister said that due to the flood crisis, Pakistan is currently trying to maintain an optimal level of foreign exchange reserves to ensure exchange rate stability and control inflation. In this regard, unnecessary imports are reduced. However, their outstanding issues will be resolved at the earliest considering the financial limit allowed for imports.
