Prime Minister Shehbaz Sharif Successfully Leads Pakistan to Achieve IMF’s December Tax Target
In a recent address to the federal cabinet, Prime Minister Shehbaz Sharif unveiled Pakistan’s impressive economic achievements despite facing political unrest and disruptive protests. The PM confidently stated that the country has not only achieved economic stability but has also met its fiscal targets, marking a significant milestone.
Impressive Tax Collection Performance
One of the standout accomplishments highlighted by the Prime Minister was the Federal Board of Revenue’s remarkable success in achieving 97% of its December tax collection target. This achievement not only demonstrates Pakistan’s commitment to meeting its obligations to the International Monetary Fund (IMF) but also signifies a positive trajectory for the country’s financial landscape.
Recognition of Efforts and Contributions
PM Shehbaz took the time to commend the tireless efforts of officials in mobilizing resources, particularly noting the substantial contribution of Rs72 billion from Alternate Dispute Resolution (ADR) measures. He emphasized the importance of acknowledging the hard work of the FBR leadership despite facing challenges in meeting collection targets.
Technological Advancements and Trade Facilitation
Furthermore, the Prime Minister lauded the digitization of Karachi Port operations through a generous $6 million grant from the Bill Gates Foundation. This initiative significantly reduced container processing time by 39%, enhancing trade efficiency and transparency in the process.
Security Concerns and Call for Unity
While celebrating the economic achievements, PM Shehbaz expressed deep concern over the resurgence of terrorism, attributing it to the release of militants by the Afghan government. He called for vigilance and resilience in the face of these security threats and urged all stakeholders to unite for the prosperity of the nation in the new year.
In conclusion, Prime Minister Shehbaz emphasized his government’s commitment to transparency and integrity, highlighting the absence of any scandals during the nine months of governance. Despite acknowledging the challenges ahead, he called on all citizens to come together for the collective prosperity of Pakistan in the upcoming year.
With a strong leadership at the helm, Pakistan under Prime Minister Shehbaz Sharif’s guidance has successfully navigated through turbulent waters to achieve economic stability and fiscal targets, setting a promising course for the nation’s future.
