ISLAMABAD: The International Monetary Fund (IMF) has expressed its complete satisfaction in the economic policies of the government and it has praised the performance of the Federal Board of Revenue (FBR).
Sources told Customs Today that FBR Chairman Nisar Mohammad Khan gave a detailed presentation to the IMF officials in Dubai. Sources said that IMF has already granted loan of $6 billion to Pakistan while negotiations for the last tranche of $55 million loan are in progress. After the conclusion of the present round of talks, the IMF authorities will decide to approve the last installment of loan program for Pakistan.
Sources said that during his briefing Chairman FBR Nisar Mohammad Khan apprise the IMF delegation about measures which are being taken by the present government for expansion of tax net in the country. He also told the IMF delegation that present government is taking every possible measure to improve the economic condition of the country.
FBR Chairman Nisar informed the IMF high-ups that the FBR is optimistic about achieving the revenue collection target set for the fiscal year 2016-17. He said that FBR is functioning without any political pressure or interference. He said that the present government is spending a huge amount on PSDP during ongoing economic year. He said that revenue collection target of Rs 3,621 billion is quite a difficult task but the FBR will achieve it well ahead of time.
