Planning Minister Ahsan Iqbal emphasised on Sunday that peace and political stability were essential for economic progress.
Expressing his thoughts, Iqbal recalled Operation Bunyan-um-Marsoos against Indian aggression, saying, "Operation Bunyan-um-Marsoos was a great success." He said: Pakistan is among the countries with the lowest tax-to-GDP ratio. Our development ambitions are high, but our tax contributions are minimal,” he stated. “We must increase our tax-to-GDP ratio to 16–18 per cent.”
Iqbal urged every citizen to pay taxes and called on tax-compliant individuals to act as guardians against tax evasion. He said: "May is a historic month for Pakistan."
“Our scientists and engineers achieved two major milestones in defence,” he added. “The nuclear tests on May 28 made us a nuclear power. On May 10, our armed forces humbled India’s pride.”
