Finance Minister chairs meeting on matters related to FBR

Minister for Finance, Revenue, Economic Affairs, Statistics and Privatization, Senator Mohammad Ishaq Dar, chaired a meeting on matters related to the Federal Board of Revenue (FBR), on Monday at FBR Headquarters.

Chairman FBR briefed the Finance Minister on the implementation of budget measures for FY 2017-18. He also apprised the Minister regarding measures being undertaken to further broaden the tax base.

The Finance Minister emphasized the importance of effective budget implementation, in order to ensure that the general public can avail the intended benefits of the budget. He said that further broadening of the tax base will contribute to strong tax revenue collections, which in turn will play an important role in achieving higher, sustainable and inclusive economic growth.

It was decided during the meeting that, in line with the tradition of the last three years, the government will publish the Taxpayers’ Directory of Parliamentarians this year as well. The Finance Minister directed FBR to prepare and submit a Summary for the approval of the Federal Cabinet in this regard, and make arrangements to publish the directory expeditiously after completion of all codal and legal formalities. He highlighted that Pakistan is only the fourth country in the world to publish such a directory, which is proof of the government's commitment to transparency and good governance.

The Finance Minister remarked that Pakistan's economy is ready for take-off but, sadly, vested interests, that do not want Pakistan to succeed, are conspiring to halt our nation's progress. He said that the government and people of Pakistan will continue to strive together for the nation's progress.

The meeting was also attended by senior officials of FBR and the Ministry of Finance.