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PR No.152 FINANCE MINISTER CHAIRS MEETING ON MATTERS PERTAINING TO FBR Islamabad: March 16, 2017

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

Mr. Haroon Akhtar Khan, Special Assistant to Prime Minister on Revenue, provided an update to the Minister on preparations for the upcoming budget for FY 2017-18. He said that pursuant to the Minister’s instructions, the exercise to obtain views of business and traders’ community, chambers of commerce and industries, economic experts and other stakeholders was being actively undertaken. He said FBR is making all out efforts to pursue the tax revenue targets for this fiscal year.

The Finance Minister urged FBR to undertake all necessary efforts to meet the tax revenue target for the current fiscal year. He encouraged FBR to ensure that all stakeholders are actively engaged and consulted in the preparation process for the budget. He said that effective measures against tax evasion and for promotion of tax culture would further strengthen revenue generation which is vital for achieving higher, sustainable and inclusive economic growth in the country.

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

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