Islamabad: A delegation from Philip Morris International (PMI) held a consultative meeting with Minister of State for Finance and Revenue, Bilal Azhar Kayani, at the Ministry of Finance to discuss the changing economic landscape and the company’s contributions to the national industrial sector. The delegation, led by Marco Mariotti, President CIS and Central Asia, briefed the minister on PMI’s economic impact and its role in enhancing Pakistan’s export and tax base.

According to Press Information Department, the discussions centered on economic cooperation and the need for a stable fiscal environment for international investors. Both parties addressed the importance of addressing industry-specific challenges to sustain national revenue and legitimate commercial operations. The delegation expressed support for government efforts to strengthen market regulations and curb informal trade.

Minister Kayani reiterated the government’s dedication to creating a business-friendly environment that promotes foreign direct investment and fair competition among industrial stakeholders. He highlighted the administration’s focus on economic stabilization through stringent trade regulation enforcement and sustainable fiscal policies.

The meeting concluded with a commitment to ongoing collaboration, aimed at creating a predictable regulatory setting, which is anticipated to aid in Pakistan’s long-term economic stability and growth.