ISLAMABAD: Prime Minister Shehbaz Sharif has said the economy of the country has suffered due to poor planning and negligence in the implementation of the track and trace system.

He said this while chairing a high-level meeting regarding the track and trace system of the Federal Board of Revenue (FBR) on Tuesday.

The premier directed for taking strict departmental action against those guilty of this serious negligence. The track and trace system was designed to monitor production in cigarette, fertiliser and cement factories in the country, identify counterfeit products, and curb smuggling.

The report of the inquiry committee formed to identify the officers guilty of negligence in the implementation of the track and trace system was submitted to the prime minister. The prime minister inquired why important clauses were neglected in the implementation of such an important national plan.

According to the inquiry report, the then project director and Member Operations Inland Revenue were found guilty of this negligence.

According to the report, the main responsibility of this serious mistake is placed on the officers working in the same positions later. The then chairman FBR was held responsible for poor administrative oversight, according to the report. The prime minister further directed the agreement with the licensee should be revised immediately and provisions regarding third-party audit and alternative dispute resolution system should also be included in the agreement.

The prime minister appreciated the performance of the inquiry committee for compiling a comprehensive report.

Copyright Business Recorder, 2024

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