November 13, 2024 (MLN): The Economic Coordination Committee (ECC) of the Cabinet has approved five key areas as part of the Federal Board of Revenue (FBR) transformation plan including enhancing board’s operational expertise & organisational capacities, strengthening anti-smuggling measures, and introducing a capacity-building program for FBR officers.
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb chaired a meeting of the ECC of the Cabinet, on Tuesday.
The ECC took up five separate summaries submitted by the FBR as part of the FBR Transformation Plan earlier approved by the Prime Minister. The subject matters covered under the summaries included the following five key areas.
- Enhancing FBR's Operational Expertise and Organizational Capacities.
- Performance Management Regime for FBR Officers.
- Capacity Building Program for FBR Officers.
- Anti-Smuggling Measures under FBR Transformation Plan.
- Mobility and Transit Accommodation Arrangements for FBR Officers.
The ECC had a detailed discussion on all five proposals submitted by the FBR and accorded them a principled approval with the proviso that a third-party impact evaluation of the processes and KPIs proposed under the proposals would be conducted before the next financial budget, while a similar impact evaluation of the outcomes in line with the KPIs to be drawn up under the proposals, would be carried out at the end of calendar year 2025 to see the merit of the entire exercise and its impact on the overall goal of enhanced revenue generation and resource mobilization.
The ECC also decided that the Revenue Division and Finance Division would work out the mechanics, including allocation and release of budgets, under the five proposals, through joint consultation.
The ECC also considered and approved a summary submitted by the Ministry of Communications (Postal Services Wing) for a Technical Supplementary Grant (TSG) amounting to Rs16.995 billion for clearing of verified pending liabilities of companies/agency partners of Pakistan Post Office Department.
The ECC also considered and approved a summary submitted by the Election Commission of Pakistan for a TSG of Rs1.317bn in connection with Local Government (bye-elections) in Sindh, Khyber Pakhtunkhwa and Balochistan and Local Government elections in Islamabad (ICT) & Punjab province during FY 2024-25.
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Posted on: 2024-11-13T09:54:12+05:00
