Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, led the third meeting of the Committee focused on developing the National Private Equity Framework, urging swift progress on regulatory and taxation reforms to bolster the private equity market in Pakistan.

According to Press Information Department, the Finance Minister highlighted the progress achieved and stressed the importance of translating reforms into tangible investment opportunities. The meeting examined the potential of Pakistan’s private equity market, focusing on mobilizing domestic savings, attracting institutional investment, and supporting private-sector-led economic growth.

The Committee reviewed regulatory and taxation measures and discussed mechanisms to channel domestic institutional capital into private equity funds. The State Bank of Pakistan (SBP) shared updates on regulatory changes, including an increased investment limit for banks in private equity funds. Recommendations for a competitive tax framework were also reviewed, emphasizing the need for a clear and predictable system to support investment activity.

Senator Aurangzeb directed stakeholders to address outstanding issues and advance work on domestic capital mobilization, aligning with the Government’s reform priorities to enhance domestic capital markets and foster sustainable economic growth. The meeting was attended by key government and private-sector representatives.