ISLAMABAD: Pakistan’s Finance Minister Muhammad Aurangzeb on Monday chaired the meeting of the Cabinet Committee on State-Owned Enterprises in Islamabad.
The Cabinet Committee approved the proposals of the Finance Division and Power Division for the appointment of candidates as independent directors or chairman on the boards of ZTBL and NTDC respectively.
The Committee also considered the proposal presented by the Ministry of Housing and Works and decided to categorize Pakistan Housing Authority Foundation (PHA-F) as essential with further directions to present a revised plan of PHA-F to the Committee.
Earlier today, Muhammad Aurangzeb visited the Federal Board of Revenue (FBR) Headquarters and chaired a meeting. The meeting was attended by State Minister for Finance and Revenue, Ali Pervez Malik, Chairman FBR, Rashid Mahmood Langrial, Members and other senior officers of the Board.
During the meeting, the Federal Minister acknowledged the services and contributions of the former Chairman FBR Malik Amjed Zubair Tiwana especially his role in the budgeting process and IMF negotiations. The Minister also welcomed the new Chairman FBR, Rashid Mahmood Langrial and expressed confidence in his abilities to lead the organization and achieve the assigned targets.
On the occasion, Member Inland Revenue (Operations), Mir Badshah Khan Wazir and Member Customs (Operations), Ashhad Jawwad gave detailed presentations about their respective domains.
Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb presided over a meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs). pic.twitter.com/qGOSBCZQ3Z
— Ministry of Finance, Government of Pakistan (@Financegovpk) August 12, 2024
The meeting also deliberated upon a strategy to achieve the current financial year’s revenue collection targets. The Federal Minister appreciated the FBR Team’s persistent efforts for maximising revenue and broadening the tax base for sustained economic development.