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Budget, taxes and development | Political Economy

Performance of the tax managers is highly disappointing. For the last two years the fiscal deficit has been over 9 percent of the GDP ....

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Reforms for growth and prosperity

Daily Times
“
A comprehensive strategy has been formulated to shift the gears and move to higher economic growth. I do not believe in an increase in taxes to increase revenue collection but those outside the tax net would be tapped. The chances for any harassment by FBR officials shall be eliminated for which change in audit procedures. 17 percent General Sales Tax rate is very high and a mechanism has been prepared for its reduction and the government was also working on a sales tax system for small businesses….” Finance Minister,
Shaukat Fayaz Ahmed Tarin, in his first testimony before the Standing Committee of the National Assembly on May 3, 2021. ....

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Govt working to achieve sustainable higher economic growth: Asad Umar

Govt working to achieve sustainable higher economic growth: Asad Umar
Published On
22 April,2021 09:53 pm
The reform agenda mentions that an increasing labour force is entering the market due to youth bulge
ISLAMABAD (Dunya News) – Minister for Planning, Development and Special Initiatives Asad Umar on Thursday said after stabilizing the country’s economy, the government was now working towards growth which would not not only high enough but sustained for a longer period.
Addressing the launching event of Pakistan Institute of Development Economics (PIDE)’s Reform Agenda for Accelerated and Sustained growth, he said the PIDE’s reform agenda for an accelerated and sustained growth came at very appropriate time. ....

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