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Spend less on defence and more on human development, World Bank tells Pakistan

Proposes to more than double the spending on education and health, reduce fertility rate by half

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March 18, 2019


New scheme for non-filers in a couple of days: Dar

ISLAMABAD: Minister for Finance Senator Mohammad Ishaq Dar said that the government in consultation with business community had finalized a comprehensive scheme for non-filers, in order to encourage them come into tax net and play their role for economic prosperity of the country. “The government in consultation with traders community and tax administration has finalized…

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December 17, 2015


Pakistan facing revenue generation crisis: report

ISLAMABAD: Despite recent optimism surrounding Pakistan’s economy, the country is facing an “existential crisis” stemming from its woeful tax collection rates and inability to finance itself, a report said Wednesday. Pakistan’s economy grew at 4.24 percent during the 2014-2015 fiscal year with per capita income rising a significant 9.25 percent, markers that come as investor…

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August 26, 2015