FBR, World Bank agree to enhance coop

Staff Reporter

Federal Board of Revenue (FBR) Chairman Asim Ahmad and World Bank Country Director for Pakistan Najy Benhassine have agreed to enhance bilateral cooperation between the two institutions.

In a meeting , the two heads discussed World Bank’s ‘Pakistan Raises Revenue’ program worth $400 million, which is aimed at domestic resource mobilisation through the automation of tax collection processes and simplification of tax compliance procedures.

The FBR chairman gave an update on the progress of the reforms agenda covering 10 Disbursement Linked Indicators (DLIs).

He also shared concerns about the difficulties being encountered while implementing reform interventions such as problems associated to data sharing with provinces and the Sindh High Court’s stay on the track and trace process.

It was decided that the FBR reforms team would deliver a detailed presentation to Benhassine regarding the impediments being faced by the authority.

Previous articlePunjab governor stresses business reforms
Next articleNTDC completes 4 more 500 kv Transmission Line Circuits