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Saturday May 04, 2024

Economic overhaul

By News Desk
March 08, 2024
Economic overhaul

Our country faces grave economic challenges, including a high debt burden, smuggling, tax evasion, and institutional corruption. Meeting the Rs890 billion tax collection target for March 2024 is crucial, with potential IMF intervention looming. To address these issues, controlling public spending, removing subsidies, and prioritizing development expenditure are vital. Prime Minister Shehbaz Sharif’s call for comprehensive economic reform, including digitization and automation of FBR, aims to enhance transparency and combat tax evasion and corruption.

Recognizing top performers and cracking down on wrongdoers, along with intensified efforts against trafficking, highlight the government’s proactive stance. The prime minister’s resolve to learn from past mistakes and take decisive action signifies a promising step towards economic stability.

Jalashk Balach

Dasht