Finance Minister Calls for Implementation of Green Tax Economy at WEF

Mon Apr 29 2024
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RIAYDH: Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue, emphasized the urgent need to establish a framework for a green tax economy during a session of the World Economic Forum (WEF).

He highlighted the necessity of fundamental changes in business models and stressed the importance of rolling out this framework to secure international financing.

Additionally, he mentioned that even international institutions like the World Bank (WB) are exploring innovative financing structures. The minister highlighted the need for a blend of domestic efforts and international financing to meet the country’s financial requirements.

 

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