The International Monetary Fund (IMF) has significantly increased provincial tax collection targets for Pakistan in the upcoming fiscal year, calling for a 64 per cent rise as part of ongoing fiscal reforms under its support programme, according to official documents. Read More: IMF approves $1.2 billion tranche for Pakistan Under the revised framework, provincial revenue authorities […]
provincial taxes
IMF flags Pakistan’s tax growth slowdown
The International Monetary Fund has warned that Pakistan’s federal tax revenue is likely to remain largely stagnant over the next five years, despite recent improvements in the overall tax-to-GDP ratio. Although fiscal reforms raised collections in FY25, the Fund believes future revenue momentum will increasingly depend on stronger provincial tax performance rather than federal expansion. […]