Policy workshop: Tax reforms to fuel economic growth

ISLAMABAD: Terming Pakistan’s tax-to-GDP ratio of 9.8% as the lowest in the region, speakers at a policy engagement workshop called for introducing tax reforms and restructuring the taxation system for enhancing the revenues of the country. They also recommended rationalising tax expenditures and enhancing greater public investment, especially in power generation and distribution, gas supply and roads for small enterprises. They added that improvement in the taxation structure will overall improve the competitive position of entities and make room for growth. The workshop was organised by the Governance Institutes Network International (GINI) and included members of the parliament and other officials.

 

Published in The Express Tribune, May 20^th,  2015.

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