FBR achieves revenue target set by IMF
The International Monetary Fund (IMF) has expressed satisfaction with the performance of the Federal Board of Revenue (FBR).
According to sources from the Ministry of Finance, an online meeting took place between the IMF and FBR, during which Pakistan assured the IMF that the government would not impose any new taxes.
The FBR stated that it would achieve its tax targets without imposing any new taxes, and the IMF is confident in the FBR's performance. Sources mentioned that the IMF will be informed about the economic performance in the first week of October, including data on revenue collection from July to September.
According to sources, the FBR has exceeded its revenue collection target in the first three months of the current fiscal year, collecting 2.1 trillion rupees, while the target for the first three months was 1.98 trillion rupees. The sources also noted that the FBR has informed the IMF about its plans to take action against tax evaders.