Pakistan's tax collection insufficient to meet financial needs: World Bank

Islamabad [Pakistan], October 4 (ANI): The World Bank has called for an increase in tax collection from the major and vital sectors in Pakistan claiming that the tax collection is insufficient to meet its financial necessities, ARY News reported on Wednesday.

ARY news reported citing the report, that the tax-to-GDP ratio of progressive countries should be at least 15 percent but Pakistan has only 11.6 percent.

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