Govt determined to strengthen financial markets: Tarin.

ISLAMABAD -- Federal Minister for Finance and Revenue, Shaukat Tarin said Monday that the incumbent government was strongly committed to strengthening of the financial markets and was ready to adopt measures that could mobilize capital to more productive sectors.

The minister was chairing a meeting here at the Finance Division with Managing Director and Chief Executive Officer, Pakistan Stock Exchange, Farrukh H. Khan to review proposals for Federal Budget 2021-22.

Adviser to the PM for Austerity and Institutional Reforms, Dr. Ishrat Hussain, Special Assistant to Prime Minister (SAPM) on Finance and Revenue, Dr. Waqar Masood, Chairman Federal Board of Revenue and Secretary Finance Division were also present during the meeting, according to statement issued by the Finance Ministry.

The finance minister appreciated the recommendations from the MD Stock Exchange and said that the government was considering to introduce new tax regime that is in accordance with the changing economic environment.

He welcomed the proposals and assured that these would be given due consideration in the upcoming budget.

Earlier, MD, Pakistan Stock Exchange (PSX) gave a detailed...