Islamabad, Jan. 14 -- Pakistani Finance Minister Muhammad Aurangzeb on Wednesday acknowledged that the govt is aware that a number of companies have either shut down, or otherwise halted operations in the country because of high taxation and expensive energy, and insisted that the government is pushing ahead with much needed structural reforms in order to mitigate the mounting tensions plaguing various businesses in the country.
Speaking at the Pakistan Policy Dialogue in Islamabad, Aurangzeb said some departures were unavoidable, given the dilapidated economic situation.
"There are firms which are also leaving, that is true," he said. "If the taxation is high or the energy cost is high, or the financing cost is always moving in the wrong...