Govt urged to go for a balanced fiscal policy

Business Recorder reported that Dr Faisal Hashmi, who serves as Senior Director at The Coca-Cola Company and chairs the Beverages Advisory Foundation, called on the government to pursue a balanced fiscal policy at the Leaders in Islamabad Business Summit 2026. He welcomed the relief measures introduced through the Finance Act 2026 and said the beverage industry had invested around USD3 billion in recent years.

Dr Hashmi said a level playing field and an equitable tax regime would let the sector grow, raise quality standards and create jobs across its supply chain. He also argued that a predictable and transparent regulatory environment could draw foreign direct investment, which in turn would let leading firms put more money into social, environmental and youth programmes. He wants the sizeable informal segment brought into formal oversight and the tax system, saying documentation would widen the tax base and support consumer health through uniform quality checks.