ISLAMABAD: Prime Minister Imran Khan in a video message, on Monday, urged the nation to declare assets and avail tax amnesty scheme before June 30 to help strengthen the national exchequer.
Khan’s special message was broadcasted just a day ahead of the announcement of federal budget for the next fiscal year. The government is set to present its PKR 6.8 trillion fiscal budget on Tuesday, June 11, with an estimated fiscal deficit touching a record high compared to PKR 1890.2 billion in the last budget.
The premier said that Pakistan collects around PKR 4,000 billion in taxes every year out of which half the amount goes in debt servicing. “This nation has the capacity to generate PKR 10,000 billion in taxes,” Khan added.
He urged people to announce their benami (undeclared) assets and avail the Asset Declaration Scheme which aims to “document the economy” by bringing “dead assets into the economy and make them functional.”
Khan said that his government had information about fake bank accounts and undeclared properties outside Pakistan and that agreements had been signed with different countries in this regards.
Reiterating his appeal to the people, he stressed that “the government will not be able to lift the country up” if people don’t pay their due tax.
In May this year, the government announced a new tax amnesty scheme to broaden revenue collection. The scheme expires on June 30.
The Assets Declaration Scheme allows Pakistani all nationals, except public office holders and their spouses, who have not yet declared their assets to announce them by paying 4 percent tax on domestic and 6 percent tax on offshore assets.
PM Khan urges people to declare assets in his pre-budget speech
PM Khan urges people to declare assets in his pre-budget speech
- Reiterates appeal to avail tax amnesty before June 30
- Says half the tax collection goes in debt servicing
Islamic military coalition, Pakistan to deepen cooperation to combat ‘terrorism’ — Pakistani military
- Islamic Military Counter Terrorism Coalition is a 43-member alliance that includes Pakistan, Saudi Arabia, Egypt, Jordan, UAE and other nations
- The Pakistani military statement comes after a meeting between IMCTC secretary-general and the chief of Pakistani defense forces in Rawalpindi
ISLAMABAD: Pakistan and the Islamic Military Counter Terrorism Coalition (IMCTC) have reaffirmed their commitment to deepening cooperation, including intelligence sharing and capacity building, to jointly combat “terrorism” and “extremism,” the Pakistani military said on Monday.
The IMCTC is a 43-member military alliance that was formed on Saudi Arabia’s initiative in Dec. 2015 to consolidate Muslim countries’ efforts in countering “terrorism.”
A 17-member IMCTC delegation is visiting Pakistan from Feb. 2-6 to conduct a training at National University of Sciences and Technology on “Re-integration and Rehabilitation of Extremist Elements,” according to the Pakistani military.
On Monday, IMCTC Secretary-General Maj. Gen. Mohammed bin Saeed Al-Moghedi held a meeting with Chief of Pakistani Defense Forces Field Marshal Asim Munir to discuss cooperation among IMCTC member states.
“During the meeting, matters of mutual interest were discussed, with particular emphasis on regional security dynamics and enhanced cooperation in counter-terrorism efforts,” the Inter-Services Public Relations (ISPR), the Pakistani military’s media wing, said in a statement.
“Both sides reaffirmed their shared commitment to combating terrorism and extremism through collaborative strategies, intelligence sharing, and capacity building among member states.”
The IMCTC features Pakistan, Saudi Arabia, Türkiye, Afghanistan, Egypt, Jordan, Qatar, Palestine, UAE, Bangladesh and other nations. In 2017, Pakistan’s former army chief Gen. (retd) Raheel Sharif was appointed as the IMCTC commander-in-chief.
During discussions with Major General Al-Moghedi, Field Marshal Munir appreciated the role of IMCTC in fostering stability and promoting coordinated counterterrorism initiatives across the Islamic world, according to the ISPR.
The IMCTC secretary-general acknowledged Pakistan’s significant contributions and sacrifices in the fight against militancy and lauded the professionalism of Pakistan’s armed forces.
“The meeting underscored the resolve of both sides to further strengthen institutional collaboration for peace, stability, and security in the region,” the ISPR added.
Pakistan enjoys cordial ties with most Muslim countries around the world, particularly Gulf Cooperation Council countries. In Sept. 2025, Pakistan signed a landmark defense pact with Saudi Arabia according to which an act of aggression against one country will be treated as an act of aggression against both.
