Pakistan Taken Off FATF’s ‘Grey’ List Due To Hectic Efforts of FIA, FCCI Told

fatf-pak

Pakistan has come out of the FATF grey list due to the dedicated efforts of the Federal Investigation Agency (FIA) and practical cooperation of the business community. We are holding awareness meetings with an objective to sensitize the business community to ensure strict financial discipline in their institutions on a sustained basis, said Rai Ijaz Ahmad, Director FIA.

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Budget Taxes Revival & Growth

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Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are identified as growth-oriented reforms. To the extent that they reduce distortions to economic decisions on work, saving, investment and consumption, they should increase output and improve social welfare — Choosing a Broad Base–Low Rate Approach to Taxation, OECD Tax Policy Studies No. 19

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