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Experts urge Pakistan to join RCEP
Partnership will help country to participate in global, regional supply chains
KARACHI:
It is important for Pakistan to be part of the Regional Comprehensive Economic Partnership (RCEP) in order to expand the country’s network of free trade agreements (FTAs) and facilitate its participation in the global and regional supply chains, said Pakistan Institute of Development Economics non-resident senior fellow Anabel Gonzalez.
Speaking at an online webinar titled “Pakistan’s Trade Potential and the Regional Comprehensive Economic Cooperation Agreement”, she said RCEP had the capacity to inject new momentum into Pakistan’s export strategy for increasing and diversifying exports.
Policy note on reforming sales tax launched
Peshawar
December 24, 2020
PESHAWAR: The Consortium for Development Policy Research (CDPR) in collaboration with the International Growth Centre (IGC), Sustainable Energy and Economic Development (SEED) and the provincial government launched a policy note on ‘Reforming Sales Tax on Services in Khyber Pakht-unkhwa’ through a webinar.
The note presents a framework for reforming Sales Tax on Services (STS) in the province through the Khyber Pakhtunkhwa Revenue Authority (KPRA).
This policy note was driven by SEED’s strategic priority to provide technical assistance to the KP government funded by Foreign, Commonwealth and Development Office (FCDO). One of the main agendas of SEED, a multi-sectorial seven-year programme, is to support the KP government in achieving economic development and undertake sustainable energy reforms in KP.