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PM Chairs Tax Reform Meeting, Reports 25% Increase in Revenue and Economic Growth
PM chairs tax reform meeting, reports 25% rise in import duties and stronger revenue collection. Tariff reforms boost manufacturing, exports, and economic growth.
MH
by Muhammad Hashir
2025-11-15
PM Chairs Tax Reform Meeting, Reports 25% Increase in Revenue and Economic Growth

Prime Minister chaired the weekly meeting on tax reforms to review Pakistan’s economic performance and the outcomes of ongoing reforms, emphasizing the positive impact of recent measures on the country’s growth.

During the session, the Prime Minister stated that tariff reforms and transparency measures introduced in the Federal Board of Revenue (FBR) are proving effective. “The pace of growth of the country’s economy is continuously improving as a result of the government’s economic reforms,” he said.

Briefing officials highlighted that the tariff reforms have not negatively impacted revenue collection. On the contrary, import duties and tax collection recorded a 25 percent increase. This growth was achieved despite only a 3.6 percent increase in dutiable product quantities, while duty-free imports surged 41.5 percent, reflecting higher imports of raw materials and intermediate goods.

The Prime Minister stressed that the objective of tariff reduction is to promote the manufacturing sector and increase exports. He directed officials to remove systemic flaws to prevent tax evasion in major sectors and commended the FBR and finance teams for their work.

The meeting was attended by the Finance Minister, federal ministers, provincial chief secretaries, and the Chairman FBR. Discussions focused on the tax reform strategy and further steps to accelerate implementation of economic policies aimed at strengthening revenue collection and economic growth.
Tagged:

FBR

TaxReforms

PakistanEconomy

EconomicGrowth
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