Govt focusing on generating more revenue by broadening tax base: Ahsan

Planning Minister Ahsan Iqbal on Wednesday said that the government is focusing on generating more revenue by broadening the tax base, simplifying the tax procedure and strengthening tax administration.
Chairing the Annual Plan Coordination Committee meeting in Islamabad, he said, “Pakistan has bright prospects of economic growth in years to come.”
Ahsan Iqbal said, “Over five percent Gross Domestic Product (GDP) growth rate is expected at the end of the current financial year.”
He said, “China-Pakistan Economic Corridor (CPEC) has the potential to further spur GDP growth rate and transform Pakistan into a regional economic hub.”
The Minister said, “Early harvest energy projects under CPEC will have a discernible impact on the economy.”

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