Finance Minister Miftah Ismail held a meeting with a delegation of Coca-Cola Icecek Pakistan led by its General Manager Ahmet Kursad Ertin in Islamabad on Wednesday.

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

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

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 about the issues being faced by them regard imports of certain items.

The Finance Minister appreciated the growth and tax revenue generation of the company for the economy of Pakistan. He 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 the exchange rate stability and for controlling inflation. He said in view of this unnecessary imports are being curtailed.

The Finance Minister, however, assured that their outstanding issues will be resolved.

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

Source: Radio Pakistan