Pakistan PM rules out revision to tax collection target, reaffirms reform timeline

Prime Minister Shehbaz Sharif (center) chairs a meeting regarding matters related to the Federal Board of Revenue (FBR) in Islamabad, Pakistan, on August 5, 2025. (PID)
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Updated 05 August 2025
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Pakistan PM rules out revision to tax collection target, reaffirms reform timeline

  • Sharif says tax-to-GDP strategy must be developed jointly by federal and provincial authorities
  • Government says online tax return forms now available in Urdu to help nearly 84 percent of filers

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday ruled out any revision to the tax collection target and reaffirmed the reform timeline would remain unchanged, highlighting his administration’s commitment to improving revenue performance and implementing structural changes across the tax system.

The government has set an ambitious tax collection target of Rs14,131 billion ($49.46 billion) for the fiscal year 2025-26 (FY26), reflecting a nine-percent increase over last year’s goal.

Despite aggressive fiscal measures in recent years, Pakistan has missed its revenue targets, including in the previous fiscal year (FY25), where a 1.5-percent gap emerged between projected and actual collections.

“No changes will be made to the approved timeline for tax collection and reform targets for the upcoming fiscal year,” the prime minister said during a review meeting on tax reforms at the Federal Board of Revenue (FBR), according to an official statement issued by his office.

“A strategy should be developed through consultation between the FBR, relevant federal institutions and the provinces to increase the tax-to-GDP ratio,” he continued.

Sharif also highlighted the importance of enforcing already imposed taxes efficiently to help meet the targets and directed that obstacles to reform, including bureaucratic red tape, be removed to ensure the changes are institutionalized.

According to a briefing given to the prime minister, the government has made its online income tax return form available in Urdu for the first time, a measure that is expected to benefit nearly 84 percent of current filers.

The FBR also said it had met its July revenue collection target, the first month of the ongoing fiscal year, and expressed confidence in achieving future monthly goals.

Sharif called for greater public awareness of FBR reforms and instructed coordination with the information ministry to build public confidence.

He also emphasized the use of technology and digitization to modernize customs clearance, reduce delays and improve transparency.

“The effective and uniform implementation of revolutionary customs clearance reforms must be ensured across the country,” he said, calling for centralized digital enforcement stations and faceless customs systems to speed up assessments.


Qatar, Pakistan resolve to boost strategic, economic cooperation at Doha talks

Updated 24 February 2026
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Qatar, Pakistan resolve to boost strategic, economic cooperation at Doha talks

  • Both countries urge dialogue on Afghanistan amid renewed border tensions between Islamabad and Kabul
  • Discussions focus on bilateral trade and investment, energy, defense, manpower and labor and culture

ISLAMABAD: Pakistan and Qatar on Tuesday agreed to deepen their strategic and economic cooperation during high-level talks between Prime Minister Shehbaz Sharif and his Qatari counterpart Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Sharif’s office said.

Sharif visited Qatar along with a high-level delegation on the invitation of Qatari emir Sheikh Tamim bin Hamad Al Thani. The Pakistani premier also held meetings with Qatar’s trade and defense ministers to discuss cooperation in various domains.

The visit came at a time when Pakistan is seeking closer economic engagement with Gulf partners amid its broader push to stabilize the economy and attract investment, while maintaining security and defense cooperation with key regional states.

During their meeting in Doha, PM Sharif and Qatar’s Sheikh Mohammed discussed bilateral relations and exchanged views on regional and international developments, according to the Pakistan prime minister’s office.

“They reaffirmed the strong brotherly relations between Pakistan and Qatar and expressed satisfaction at the growing momentum in political, economic and institutional ties,” Sharif’s office said.

“Discussions focused on enhancing cooperation in the fields of trade and investment, energy, defense, manpower and labor and culture, with both sides stressing the importance of their task force to accelerate cooperation in all these areas.”

Pakistan and Qatar maintain strong trade and investment ties. In 2022, the office of Qatar’s emir said the Qatar Investment Authority planned to invest $3 billion in Pakistan, targeting sectors including transport, aviation, education, health, media, technology and labor.

Nearly 300,000 Pakistanis live and work in Qatar, according to Pakistan’s foreign office, with many employed in health, education, engineering and public services, as well as construction and transport. The two countries engage through forums such as the Bilateral Political Consultations and the Joint Ministerial Commission.

Sharif said he had productive discussions with Qatar’s emir, Sheikh Tamim bin Hamad Al Thani, on how the two sides could transform their brotherly ties into mutually beneficial economic relationships. 

“We also took stock of the regional situation,” he said on X. “Pakistan and Qatar will continue to work together for peace and stability in the region and beyond.”

Prime Minister Shehbaz Sharif (second right) meets the Qatari Emir Qatar’s emir Sheikh Tamim bin Hamad Al Thani (left) in Doha, Qatar, on February 24, 2026. (PID)

DIALOGUE WITH AFGHANISTAN

Earlier, Sharif and Qatar’s Deputy PM Sheikh Saoud Al-Thani discussed the situation in Afghanistan and called for dialogue to support regional stability.

The meeting took place amid renewed tensions after Islamabad carried out airstrikes last week on what it described as Tehreek-e-Taliban Pakistan (TTP) targets inside Afghanistan. Kabul said the strikes killed civilians and vowed to respond to what it called a violation of its sovereignty.

“Regional developments were also discussed, in particular the situation in Iran and Afghanistan,” Sharif’s office said in a statement. “Both sides emphasized the importance of dialogue, de-escalation and collective efforts to promote peace and stability in the region.”

This was the second time in less than six months that Pakistan conducted airstrikes in Afghanistan. The last strikes triggered heavy, weeklong clashes between the neighbors along their border before Qatar and Turkiye mediated a ceasefire between them in Oct. last year.

Separately, Sharif held meetings with Qatar’s State Minister for Trade Dr. Ahmed bin Mohammed Al-Sayed and a delegation of the Qatar Businessmen Association (QBA), highlighting Pakistan’s investment-friendly reforms.

He invited QBA members to explore opportunities in infrastructure, logistics, energy, agriculture, technology and export-oriented manufacturing, his office said.