ISLAMABAD, Pakistan: Representatives of Pakistan Pharmaceutical Industry held a meeting with the Federal Minister for Finance and Revenue Miftah Ismail at the Finance Division in Islamabad on Monday.
The meeting was attended by MNA Shahid Khaqan Abbasi, the Prime Minister’s Coordinator on Economy Bilal Kiyani, the Prime Minister’s Coordinator on Commerce & Industry Rana Ihsan Afzal, the Chairman Federal Board of Revenue (FBR), the Chief Executive Officer (CEO) GSK Erum Shakir Rahim, the CEO Ferozsons Osman Waheed, the Managing Director (MD) Abbott Anis Ahmed, the CEO Sante Tauqeer ul Haq, the Executive Director Pharma Bureau Ayesha Tammy Haq and senior officers from FBR and Finance Division attended the meeting.
The Chair was briefed about the contribution of the Pharmaceutical Industry in the economic development of the Country.
The matters related to sales tax on import of raw material and refunds of sales tax faced by the Pharmaceutical industry in Pakistan were also discussed in the meeting.
The Finance Minister Miftah Ismail acknowledged the contribution of Pharmaceutical Industry and stressed that the present government is committed to resolve the operational issues being faced by various sectors of the economy.
Miftah Ismail further assured the delegation to resolve the issues faced by the pharmaceutical industry at earliest.
The finance minister directed the relevant authorities to undertake the required measures for addressing the concerns of the Pharmaceutical Industry.
