ISLAMABAD: Pakistan has proposed securing a $200 million loan from the Asian Development Bank to support reforms aimed at modernising tax and customs administration through digitalisation and improved data systems.
The proposed project, titled “Transforming and Digitalizing Revenue Administration,” focuses on strengthening domestic resource mobilisation by addressing inefficiencies in tax collection and trade processes.
The plan centres on digitising financial and trade systems, including integration of point-of-sale systems, implementation of digital invoicing, and expansion of data analytics capabilities across tax and customs departments.
Officials said the reforms are intended to improve transparency and efficiency in revenue collection and streamline trade clearance procedures within domestic and international supply chains.
The project also aims to enhance institutional performance, particularly within the Federal Board of Revenue, by automating processes and improving governance standards.
Authorities indicated that strengthening these systems would help expand the tax base, reduce leakages, and support a more structured and transparent revenue framework.
The initiative remains at the proposal stage and is part of broader efforts to improve fiscal management and address macroeconomic vulnerabilities through better revenue administration.
