KARACHI: Minister of State and Special Assistant to Prime Minister for Revenue Haroon Akhtar Khan has said that the budget proposals put forward by the Pakistan Stocks Exchange (PSX) will be considered.
According to a statement, the PSX’s budget proposals have sense and the finance ministry, FBR (Federal Board of Revenue) and all the concerned (departments) will support the initiatives.
Haroon, during a visit to the PSX, said the achievements of the government at macroeconomic level are reflected in the better position of current account, comfortable foreign exchange reserves, low interest rate and soft inflation. “The country has a lot of potential and is on the right track towards progress,” he said.
Khan called for a change “in the mindset of taxpayers.” He advised them to contribute to the government revenue. Pakistan Stock Exchange Chairman Muneer Kamal said the exchange will be able to attract one or more large global exchanges to take over strategic stake in the PSX in the next six months.