IMF team expresses dissatisfaction over tax collection in Pakistan: Sources

ISLAMABAD: The International Monetary Fund (IMF) has expressed its dissatisfaction at the current state of Pakistan’s tax collection, a team representing the body that arrived here in the city to discuss the country’s ongoing financial crisis said late Monday.

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Earlier in the day, the delegation, which has already concluded the technical discussions with the Pakistani representatives, commenced its policy-level talks with ministers and representatives of the Federal Board of Revenue (FBR).

Members of the team, led by Harald Finger, a senior economist and an adviser to the IMF, further stressed on effective measures required to increase the tax collection in order for Pakistan to deal with and recover from its financial crunch and current account deficit.

According to sources, the IMF also indicated its support towards the FBR’s move to send notices to tax defaulters that, according to the federal government body, have been issued to thousands of the non-payers at present.

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