Prime Minister Shehbaz Sharif Presses for Immediate Review of Revenue Strategy

Saturday, 13 July 2024, 11:23

Prime Minister Shehbaz Sharif is pushing for a critical reassessment of Pakistan's revenue strategy to address the country's staggering public debt amounting to $242 billion. This urgency follows Pakistan's recent agreement with the IMF for a substantial financial assistance program.

Important Update on Pakistan's Economy

Prime Minister Shehbaz Sharif has directed officials at the Federal Board of Revenue (FBR) to urgently review and revise the country's revenue strategy to address the massive debt issues.

Key Points:

  • Objective: Enhancing revenue collection to alleviate public debt burden
  • Action: Immediate reassessment of strategies by FBR officials
  • Agreement: Recent staff-level agreement with IMF for substantial financial assistance

In conclusion, the Pakistani government, under Prime Minister Sharif's leadership, is taking proactive measures to address the pressing economic challenges and secure much-needed financial support from international partners.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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