BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)

ISLAMABAD: Pakistan has proposed a programme to secure a USD 200 million loan from the Asian Development Bank (ADB) to support reforms aimed at transforming revenue administration and enhancing economic transparency.

The project, titled “Transforming and Digitalizing Revenue Administration,” which is currently in the proposed stage, focuses on strengthening domestic resource mobilization while addressing long-standing inefficiencies in tax collection and trade facilitation.

Official documents revealed that the project aims to enhance the efficiency and transparency across the tax and customs administrations, and trade clearance processes, by improving business processes, data analytics, and the digitalization of transactions within domestic and international supply chains such as point-of-sale integration, digital invoicing, and trade facilitation, to develop a more progressive, automated revenue ecosystem and a trade facilitation that fosters transparency, efficiency, and economic growth.

READ ALSO: Pakistan’s tax-to-GDP ratio lags due to narrow tax net, informal economy: ADB

At the core of the reform is the digitalization of financial and trade processes. The plan includes integrating point-of-sale systems, implementing digital invoicing, and improving data analytics capabilities across tax and customs departments.

This project will address macroeconomic vulnerabilities within the Islamic Republic of Pakistan by strengthening domestic resource mobilization capacities through enhanced efficiency and transparency across the inland revenue (tax) and customs administrations and by streamlining trade clearance processes. The project will focus on improving business processes, data analytics, and the digitalization of transactions within domestic and international supply chains, such as point-of-sale integration, digital invoicing, and trade facilitation, to develop a more progressive and automated revenue and trade ecosystem that fosters transparency, efficiency, and economic growth.

Officials said that by modernizing systems within institutions such as the Federal Board of Revenue, the government hopes to expand the tax base and improve overall governance.

Copyright Business Recorder, 2026

Comments

Comments are closed for this article.