ISLAMABAD: World Bank Director Mr. Najy Benhassine along with Mr. Tobias Akhtar Haque (Chief Country Economist), Ms. Lucy Pan (Chief Economist) and Ms. Irum Touqeer (Public Sector Specialist) today visited Federal Finance Authority Headquarters and met the Chairman FBR Mr. by Rashid Mahmood Langrial to discuss the FBR transformation plan. The Chairman of the FBR informed about the Government’s vision for the transformation of the FBR and the Transformation Plan approved by the Prime Minister. A detailed overview of FBR’s transformation plan and major reforms was given, which also focused on aligning initiatives under the Pakistan Raises Income project. The FBR Chairman informed that the purpose of the reforms was to maximize revenue growth while facilitating compliance. He highlighted the key areas of reforms to close the tax compliance gap, i.e. tax policy reforms, digitization initiatives, human resource capacity building, anti-smuggling initiatives and comprehensive tax administration reforms. The country director expressed support for the initiatives under the FBR Transformation Plan and reiterated the World Bank’s commitment to continue supporting Pakistan’s revenue mobilization efforts.
