- Govt to privatise PIA by year-end, says finance minister.
- Provides non-public sector important for sustainable, export-led progress.
- Aurangzeb highlights huge alternatives in blue financial system.
KARACHI: Finance Minister Muhammad Aurangzeb on Wednesday hailed the launch of Google Chromebook meeting line in Pakistan and stated that the tech big intends to make Pakistan an export hub, highlighting the nation’s rising potential within the expertise and maritime sectors.
Talking on the Future Summit in Karachi, the finance minister emphasised the necessity to equip youth with digital and technical expertise to assist them seize higher-value alternatives in coding, blockchain, and AI-driven sectors.
Pakistan’s first Google Chromebook meeting line was launched on Tuesday in a ceremony attended by Deputy Prime Minister Senator Ishaq Khan, who termed it “a defining second” within the nation’s digital transformation.
“Google’s plan to ascertain Pakistan as an export hub aligns with our imaginative and prescient for AI-driven progress. There are huge alternatives to develop the blue financial system,” Aurangzeb stated.
Aurangzeb stated that Pakistan’s financial system is shifting in the suitable course and emphasised that sustainable progress can solely be achieved by way of production-driven growth.
“The non-public sector performs an important function in financial progress. Our focus will stay on the IT and maritime sectors to rework Pakistan into an export-oriented financial system,” he said.
Aurangzeb stated that worldwide score companies have acknowledged Pakistan’s financial enchancment, whereas world establishments have additionally recognised the nation’s macroeconomic stability. “Company earnings have elevated by 9%,” he added.
The minister stated the federal government has expanded the tax internet to reinforce nationwide income, leading to a further 900,000 tax filers. “Digitisation will convey transparency to the financial system. Egypt has additionally requested to be taught from our FBR reforms,” he remarked.
He harassed that structural reforms are important for long-term financial stability and stated the federal government will proceed to supply an ecosystem that leverages latest diplomatic successes.
The finance minister stated that the federal government has determined to privatise 24 state-owned enterprises, including that the privatisation of Pakistan Worldwide Airways (PIA) shall be accomplished earlier than the top of this 12 months.
