A-PM-FR and BoI discusses investment ideas

By Staff Reporter
Wednesday – May 20, 2020
ISLAMABAD: The advisor to the prime minister on finance and revenue (A-PM-FR) Abdul Hafeez Shaikh chaired a meeting, Tuesday, with board of investment (BoI) chairman Atif R. Bokhari, to discuss measure that could facilitate the investors to bring in more investment to the country to boost up the pace of development.

According to an official statement, BoI chairman Bokhari discussed with A-PM-FR Shaikh the investment prospects available in the country and the areas and fields where foreign investors could show interest and make investments leading to overall economic development and increase in the gross domestic product (GDP) growth rate.

The problems faced by the foreign investors post COVID-19 (coronavirus) environment were also discussed.

The federal board of revenue (FBR) chairperson also apprised A-PM-FR Shaikh on the details of ongoing discussion on tax matters with the foreign investors and shared their views and expectations with regard to the upcoming budget.

A-PM-FR Shaikh directed that the foreign investors shall be facilitated as far as possible keeping in view the prevailing environment and observing the policy guidelines.