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Tax collection target missed for 11th year

Tax collection target missed for 11th year
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Tax collection target missed for 11th year in a row

For the 11th consecutive year, the National Board of Revenue (NBR) has missed its tax target in the face of slowing growth of collections amidst economic slowdowns and ambitious goals set by the government. 

Govt s borrowing goes up amid falling revenue

The government’s dependence on borrowing to finance national budgets has increased over the past decade as revenue collection has failed to keep pace with the ballooning public expenditure.

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