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Home Business

Tax collection target of Pakistan is PKR 6tr in FY22

by Web Desk
January 15, 2022
in Business, Economy
Reading Time: 2 mins read
0
Tax collection target $6tr, export & remittances $30b in FY22
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Hammad Azhar said Tax collection target is to collect six thousand billion rupees during FY22. Whilst exports and remittances target is to touch thirty billion dollars.

He said that our tax collection target and exports are increasing as a result of better policies.

Moreover, Minister for Energy Hammad Azhar has said the present government has introduced historic reforms. Reforms in different sectors including energy to take the country forward.

Addressing a news conference in Islamabad on Saturday, he further said:

“This process of reforms will continue in the months and years ahead in order to ensure sustainable development.”

The Minister for energy said the government is focusing on improving the electricity transmission system. 

Energy Minister said indigenous resources will produce seventy to eighty per cent of electricity by 2030. He said we have started work on the construction of ten dams.

He pointed out that our gas reserves are depleting and we have to look for various options to meet the domestic requirements.

Regarding the recently passed bill envisaging autonomy for the State Bank of Pakistan, Hammad Azhar rejected the impression that it would risk national security.

He pointed out that the Governor, Deputy Governor and Board of Directors of the Central Bank would be appointed by the government.  He said this legislation will free the SBP from politicized decisions.

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Web Desk

Web Desk

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