Islamabad: (RightNow) The Asian Development Bank (ADB) urges Pakistan to expand its tax base. This demand is made to improve the country’s revenue system.

The ADB announces an increase of $200 million in its loan to Pakistan. This increase aims to modernize the country’s revenue management system.

Authorities state that expanding the tax net will stabilize the economy. This move is expected to increase government revenue.

This demand highlights the need to strengthen the country’s economy. Expanding the tax net could improve the government’s financial condition.

It is noteworthy that Pakistan’s economy has long faced a limited tax net. This issue hinders the government’s ability to meet its expenditures.