Sat, 2024-09-21 07:21
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday approved the Federal Board of Revenue’s (FBR) homegrown transformation plan to improve tax collection, Pakistan state media reported on Friday, amid Islamabad’s efforts to support the dwindling $350 billion South Asian economy.
Pakistan last year came to the brink of default as the economy shriveled amid political chaos, impact of 2022 floods and decades of mismanagement. Last-minute loan rollovers from friendly countries as well as a $3 billion bailout from the International Monetary Fund (IMF) saved the nation.
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Read the full story at the Arab News Pakistan website.
