ISLAMABAD: Pakistan’s Finance Minister Muhammad Aurangzeb on Wednesday said that the Information Technology (IT) and agricultural sectors could improve the country’s economy, and the government had undertaken several steps to promote these sectors to boost domestic and foreign investments.
Speaking to a private news channel, the Finance Minister said, “The present government’s economic initiatives are aimed at uplifting the downtrodden and reducing disparity between the rich and the poor.”
The Finance Minister said, “The government is closely monitoring key crops, devising policies, and planning interventions to ensure an uninterrupted supply of basic food items at affordable prices in the country.”
Muhammad Aurangzeb said, “The country, through sustainable industrial development, can tackle the present external and internal challenges.”
Replying to a question, the Finance Minister said, “The government is focusing on government expenditures, and the nation will know about the austerity measures soon.”
The Finance Minister also stressed the digitization of taxes, which was the only way to curb corruption at the grass-roots level.
“By leveraging technology and enhancing transparency, we can build a more equitable tax system that fosters economic growth and benefits all citizens,” Muhammad Aurangzeb added.