IMF expresses dissatisfation at Pakistan’s tax reforms

ISLAMABAD (92 News) – The International Monetary Fund (IMF) has on Tuesday showed dissatisfaction on tax reforms of Pakistan.

The IMF has completed eighth review mission report, in which it said that Pakistan needs to increase its tax revenue sphere for economic progress.

The IMF report claims that the inspectors of Federal Board Revenue (FBR) are incompetent and have remained unable to meet their targets and the tax administration is too weak.

The state authorities have always remained unable to collect the taxes from the masses. Hence, it directly affects the economic progress of Pakistan.