Mr. Zafar Masud on Geo News Great Debate

Mr. Zafar Masud on Geo News Great Debate Suggest Urgent Steps to Revive Pakistan’s Economy

Mr. Zafar Masud on Geo News Great Debate who is the Chairman of the Banks Association, argued that there are Rs3.5 trillion leakages in tax collection. He suggested that subsidies should be eliminated to improve the economy. He also said that criticism that banks don’t focus on the private sector is right. Banks fund 95% of the fiscal deficit. He argued that tax collection would be easier if the supply chain is digitized.

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Join Zafar Masud at the Exciting Agri Connections 2024

Join us at Agri Connections 2024 for the ZarZaraat Agri Startup Pitches Competition, sponsored by The Bank of Punjab. Get insights from industry leaders like Mr. Hadi Rizvi, Chairman of Pakistan Agricultural Coalition, and Syed Yawar Ali, Chairman of Nestle Pakistan. Don’t miss out on the pitches from the top 3 finalists and engage in investor’s questions. Plus, an insightful address by Mr. Zafar Masud, President & CEO of The Bank of Punjab.

IMF Programs

Zafar Masud says IMF Programs are designed for stabilization, not for growth

A recent analysis of Pakistan’s economic situation written by Nasir Jamal and published in Dawn News discusses the country’s reliance on IMF programs bailouts and the need for domestic reforms. In the article Mr. Nasir quotes Mr. Zafar Masud, president and CEO of the Bank of Punjab, Finance Minister Muhammad Aurangzeb, Aisha Ghaus Pasha, former state minister for finance, Ahmed Kamal, one of the top textile and clothing exporters, and Prime Minister Shehbaz Sharif.

Zafar Masud

Interview with Zafar Masud Business Recorder

Mr. Masud is a regular contributor to the local media on the topics of finance, economics and energy and has also published a book on these topics, titled “Out of the Box”. Following are the edited transcripts of a recent conversation BR Research had with Mr. Zafar Masud: