AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad, May 30, 2023 (PPI-OT): A delegation of M/s PepsiCo led by Mr. Eugene Willemsen, CEO Africa, Middle East and South Asia called on Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar at FBR (Hq) today. SAPM on Finance Mr. Tariq Bajwa, SAPM on Revenue Mr. Tariq Mahmood Pasha and senior officers from FBR and PepsiCo team participated in the meeting. Mr. Eugene Willemsen extended warm sentiments to the Finance Minister and expressed his confidence in Pakistan and the potential the country offers on the growth front given availability of investment conducive environment.
He apprised the Minister of the profile of the company, the operational nature of its business activities, and the company’s overall contribution in the revenue growth of the country. He also communicated about the issues being faced by the company regarding taxation and imports of items. Finance Minister Senator Ishaq Dar appreciated the economic contribution of the company in terms of FDI and revenue generation in Pakistan.
The Finance Minister also highlighted the existing economic circumstances and informed that the current government has put in place a variety of far-sighted policy initiatives in order to bring stability and growth in the economy and for the ease of doing business. He further assured the delegation of well-intended efforts by the government in order to support the company for expanding its business and investment in the country. Mr. Eugene Willemsen thanked the Finance Minister for extending his support and cooperation.
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