The ratio of capital formation to GDP has been consistently decreasing since 2018. This makes growth difficult to achieve.

The government has listed six ministries for abolition as part of efforts to streamline and cut expenditures, Finance ...

Aurangzeb also said that the non-filers category will be abolished and those not paying taxes will no longer be able to ...

The International Monetary Fund (IMF) has stressed the need of a fairer taxation system in Pakistan with participation of all ...

Pakistan announces cuts to 150,000 government jobs and closes six ministries as part of IMF reforms under a $7 billion loan ...

Pakistan cuts government spending, closes ministries, and merges others as part of IMF reforms, aiming to achieve fiscal ...

This pact would help enhance tax collection and raise the tax-to-GDP ratio to 14 percent, closer to 18 percent seen in neighboring countries.

In an effort to reduce administrative costs, the government will eliminate 150,000 vacant positions, dissolve one ministry, ...

He said the government is seeking assistance specifically in areas such as banking sector reforms, recovering laundered money, and tax reforms ...

Finance Minister Muhammad Aurangzeb on Sunday said that tax filers for the current fiscal year had nearly doubled as compared ...

Finance Minister Muhammad Aurangzeb has said that the number of tax filers in Pakistan has doubled over the past year, with ...