Regional Head of Technology and Tax, McKinsey & Co. meets the Minister for Finance
Islamabad - (Nasir Abbas) : Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met with Tom Isherwood, Regional Head of Technology and Tax McKinsey & Co. along with McKinsey Partner Ali Malik at Finance Division. Minister of State Ali Pervaiz Malik was also present in the meeting. The Finance Minister emphasized the need for investment in technology and fostering a cultural shift towards digital governance. He underscored the Government’s commitment to improve tax collection through the Federal Board of Revenue's (FBR) ongoing efforts in digitization. The Minister also cited that the data from PRAL (Pakistan Revenue Automation Limited) and REMIT can be utilized in digitizing FBR’s tax system. The discussions covered the possibility of achieving quick wins by leveraging this data and implementing daily reporting through dashboards to monitor progress in real-time. Minister of State, Ali Pervaiz Malik, discussed how the ongoing exercise could be enhanced by efficiently generating, organizing, and analyzing data. He stressed the importance of a data-driven approach to improve overall project outcomes. The McKinsey team thanked the Minister for Finance and Revenue for the meeting and assured the Finance Minister that they would ensure the completion of exercise within the given time frame.
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