This year we are seeing healthy growth in revenues Says Hammad Azhar

By Muhammad JuniadPublished On 06 Jan 2023

Islamabad: Newly appointed Minister for Finance and Revenue Hammad Azhar has expressed confidence about healthy growth in revenues this year and achievement of the targets.

Taking to his official Twitter handle, the minister wrote, “The crackdown against tax evaders will continue, the government will treat tax broadening as a real priority”.

Hammad Azhar said the government will be targeting a higher growth rate from the next fiscal year that may exceed four per annum.

“Pakistan’s economy will this year grow at a faster rate than earlier forecasts. Starting from next fiscal year, we will be targeting an even higher growth rate that may exceed 4% per annum”.

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He further stated that this growth will be sustainable and not be based on deficits or depleting reserves adding that, solid programs will be devised to achieve this objective.

“The government will continue to crack down on tax evasion and treat tax broadening as a real priority and not just a cliché,” he added.

The minister expressed pleasure and wrote, “This year we are seeing healthy growth in revenues & are confident of achieving our targets”.

“Whilst we will continue to crack down on tax evasion, we will treat tax broadening as a real priority and not just a cliche. Solid programs will be devised for this objective” he added.