The Federal Board of Revenue (FBR) has rejected media reports suggesting the IMF declined a review of Pakistan’s tax targets, calling the claims “baseless.” FBR clarified that no such discussion occurred in any meeting with the IMF and urged the media to avoid spreading false information. Currently, FBR is addressing a tax collection shortfall but remains committed to meeting annual targets. Despite economic challenges, indicators like reduced inflation and a narrowing trade deficit signal a positive outlook for Pakistan’s economy in the coming year.
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