Mr. Miftah Ismail Held a Meeting with a Delegation of Coca-Cola Icecek Pakistan

Federal Minister for Finance and Revenue Mr. Miftah Ismail held a meeting with a delegation of Coca-Cola Icecek Pakistan led by its General Manager Mr. Ahmet Kursad Ertin at Finance Division today. Other senior officers of Finance Division also participated in the meeting.

The delegation extended warm sentiments to the Finance Minister on successfully securing the IMF deal and appreciated the business-friendly policies of the government.

They briefed about the operational nature of Coca-Cola Icecek Pakistan and shared about their significant contribution in the overall GDP of the country.

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It was also shared that Coca-Cola Icecek Pakistan is planning to undertake new investment expansion plans due to greater potential offered by the Pakistani market. Further, they shared with the Finance Minister the issues being faced by them regarding imports of certain items.

The Finance Minister appreciated the growth and tax revenue generation of the company for the economy of Pakistan. The Finance Minister also stated that due to prevalent flood crisis causing huge life losses and financial drainage,

Pakistan is currently trying to maintain an optimum level of foreign exchange reserves for ensuring exchange rate stability and for controlling inflation. In this regard, unnecessary imports are being curtailed. However, their outstanding issues will be resolved at earliest keeping in view the permitted financial limit for imports.

The delegation thanked the Finance Minister for their cooperation and support.