Finance Minister Shaukat Tarin has said government is adhering to strict financial discipline for achieving macro-economic stability and enhancing revenue generation.

He was speaking at the meeting of a delegation of Federation of Pakistan Chambers of Commerce and Industry through video link on Friday.

The Minister also outlined that Pakistan’s economy is showing signs of recovery amid Coronavirus pandemic, with construction and manufacturing sectors in lead.

He stressed the role of Chambers of Commerce and Industry as a bridge between the Government and the traders for active coordination and welcomed suggestions from the members of FPCCI on the occasion.

The representatives of FPCCI felicitated the Finance Minister on assuming new responsibilities and discussed the matters related to sales tax harmonization and rationalization of taxes.

Shaukat Tarin assured the delegation that its suggestions would be accorded due consideration. He also assured to have a regular interaction with members of FPCCI and affirmed that all key stakeholders would be taken on board before making important economic decisions.

Meanwhile, Finance Minister Shaukat Tarin reiterated to adopt a consultative and collaborative approach to complete the privatization exercise with due diligence and fairness.

He was chairing a meeting of the sub-committee of Economic Advisory Council on State Owned Enterprises and Privatization in Islamabad today.

The Finance Minister underlined the need to accelerate the pace of Privatization for bringing efficiency and competitiveness in operations of SOEs.

The Sub-committee reviewed the portfolio of State-Owned enterprises for Privatization on basis of strategic importance, performance, efficiency and profitability to suggest a way forward.