PM Shehbaz seeks proposals to cut govt spending

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed the authorities concerned to formulate proposals for reducing government expenditures and overhauling the country’s economic structure. He also directed the authorities to immediately initiate the process of complete digitisation and automation of the Federal Board of Revenue (FBR), which he himself would oversee. Presiding over a high-level meeting at the Prime Minister House, PM Sharif said that the world’s best model should be adopted for the digitisation of FBR to ensure transparency in its system, increase tax collection, halt tax evasion, corruption and smuggling, and also to bring convenience to the general public and the business community. The large taxpayers and the best-performing officers of the FBR would be encouraged and the black sheep would be brought to justice, he added.