Philip Morris team briefed on evolving economic landscape

ISLAMABAD: A high-level delegation from Philip Morris International (PMI) called on Minister of State for Finance and Revenue, Bilal Azhar Kayani at the Ministry of Finance to discuss the evolving economic landscape and the company’s role in the national industrial sector.

The delegation, led by President CIS & Central Asia Marco Mariotti, provided a comprehensive briefing on the organization’s substantial economic footprint and its contributions to Pakistan’s export and tax base.

The dialogue focused on the broader scope of economic cooperation and the necessity of maintaining a stable fiscal environment for large-scale international investors. Both parties discussed the importance of addressing sector-specific challenges to ensure the sustainability of national revenue and the continued viability of legitimate commercial operations. The delegation reaffirmed its support for government strategies aimed at strengthening market regulations and curbing informal trade practices.

Minister Bilal Azhar Kayani emphasized the government’s commitment to fostering a business-friendly climate that encourages foreign direct investment (FDI) and ensures a level playing field for all industrial stakeholders.

Copyright Business Recorder, 2026