The Pakistan Tehreek-e-Insaf (PTI) government has succeeded in collecting Rs644 billion taxes against the envisaged target of Rs580 billion, Adviser to Prime Minister (PM) on Finance and Revenue Dr Hafeez Shaikh has said.
Addressing a press conference, Shaikh said the government is confident to surpass the growth target of 2.4 per cent set for the current fiscal year as after gaining stability on the external front during the past year, the economy is currently moving in a positive direction.
“There has been considerable growth in exports, which grew from $2.01 billion during first two months of last year to $2.23 billion this year, while imports have declined from $5 billion to $4.1 billion, reducing overall current account deficit of the country by 7.3 per cent.”
PM Imran Khan’s adviser also said that the overall revenue has increased from Rs509 billion during the first two months of the last year to Rs580 billion during the current year, showing a 25 per cent growth.
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