Ambassador of Japan to Pakistan Mitsuhiro Wada appreciates Pakistan’s efforts towards economic revival and expressed Japan's continued support for initiatives aimed at fostering growth and prosperity.


Islamabad: Pakistan and Japan have reaffirmed to further enhance their bilateral cooperation by working together towards achieving common goals for their mutual benefit.
The understanding was reached during meeting between Ambassador of Japan to Pakistan Mitsuhiro Wada and Minister for Finance Muhammad Aurangzeb in Islamabad on Tuesday.
Speaking on the occasion, the Minister said the government is committed to undertake reforms to bring macroeconomic stability and sustainability and increasing tax to GDP ratio remains a priority area.
He underlined that the government would strive to achieve end to end digitization to expand the tax base, bring transparency in the tax system and improve the client experience.
Apprising the Ambassador of energy sector reforms, the Minister said our focus will be on reducing the costs in the sector and addressing the governance issues of the distribution companies.
He underscored the robust growth demonstrated by agriculture and IT sectors.
The Ambassador appreciated Pakistan’s efforts towards economic revival and expressed Japan's continued support for initiatives aimed at fostering growth and prosperity.
He informed the Minister that 80 Japanese companies are currently operating in Pakistan. He also highlighted some issues being faced by Japanese automakers in Pakistan.

Dollar surges as forex markets struggle amid IMF delays, economic pressures
- 2 hours ago
KP govt allocates Rs5.5bn for police counter-terrorism equipment
- 6 hours ago

Ruet-e-Hilal Committee to meet on March 30 for Shawwal moon sighting
- an hour ago

JI chief offers help for Afghanistan talks, slams govt’s approach to national security
- 5 hours ago

Bangladesh’s 2025 tour of Pakistan confirmed for white-ball series
- 5 hours ago

Pakistan vows full force against terrorism in recent security meeting
- 2 hours ago

Mustafa Amir murder case: Father and son clash in court during case hearing
- 3 hours ago

Nagpur riots: Hindu extremist group demands destruction of Aurangzeb's tomb
- 5 hours ago
Jaffar Express resumes operations after terrorist attack
- 5 hours ago

Sindh announces holiday for educational institutions on March 22
- 2 hours ago

Saudi authorities arrest 50 people, including 11 women, for prostitution charges
- 5 hours ago
Gold prices hit historic highs amid global economic concerns
- 4 hours ago