ISLAMABAD: Country Head of World Bank (WB) in Pakistan Rashid Bid Massod held a meeting with Federal Board of Revenue (FBR) Chairman Tariq Bajwa and discussed the conditions of revenue collection.
The chairman informed the World Bank official about the measures which are being taken to broaden the tax net and achieve the set target for the current fiscal year 2015-16.
However, Massod said that World Bank has appreciated the performance of the FBR during last fiscal year 2014-15 and due to its performance and govt’s seriousness to take the economy of Pakistan on right track, the confidence level of the world financial institutions was increasing, he added.
Following the economic development in Pakistan, financial institutions were considering enhancing the development projects in the country.