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ISLAMABAD: The international donors and development partners Thursday agreed to continue full support to the Federal Board of Revenue (FBR) to enable the FBR to become a more dynamic and effective organization.

The FBR has hosted a conference of international donors and development partners. It was attended by representatives from multilateral donor agencies including IMF, World Bank, Asian Development Bank (ADB), OECD, and unilateral donor agencies including FCDO, JICA, GIZ and His Majesty’s Revenues and Customs (HMRC).

Speaking on the occasion, Chairman FBR, Asim Ahmad, emphasised the need for a demand-driven funding support to FBR so that donor agencies could design their future programs and interventions based on requirements identified by FBR.

He further said that FBR has identified three key areas wherein the tax administration expects donors collaboration and outcome-driven interventions. The three areas include investment in human capital, transfer of technologies and skills to FBR, and support in upgrading logistics, equipment and infrastructure.

The participants agreed to continue engaging with FBR on one-on-one basis and further build upon this demand driven approach for future support and interventions to enable FBR to become a more dynamic and effective organization.

Copyright Business Recorder, 2022

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