Minister defends McKinsey’s hiring for tax digitisation

Amidst alarm over the hiring of a US-based company for digitalisation of tax system in the country, Finance Minister Muhammad Aurangzeb on Monday told the National Assembly that McKinsey and company was selected after a “transparent competitive” process. MQM-P lawmaker Syed Hafezuddin while speaking on a calling attention notice had pointed out that the New York-based company had subsidiaries for artificial intelligence (AI) services and solutions operating in Israel and India. The finance minister said as many as seven parties, including international players and domestic companies, had applied for it and McKinsey was selected through a rigorous process.