The federal government has met another condition for the International Monetary Fund (IMF) and approved the establishment of offices for the Director -General for Special Measures and two Directors in the Federal Board of Revenue (FBR) Headquarters for coordination with field formations to tackle tax evasion.

A formal review has been issued in this regard.

According to FBR review, the new Directorate has been established to identify deficiencies in the country’s tax system, prevent misunderstanding and subvoiding and develop a more integrated strategy to combat smuggling.

The message also mentioned that these measures will help remove complexities leading to a decrease in revenue and eliminating unnecessary obstacles in the tax collection process.

The Director -General of Special Measures will also coordinate with relevant ministries, departments and other institutions on customs related issues.

The announcement stated that the Director -General and Directors under the new Directorate will ensure coordination with field offices and provincial authorities, identify deficiencies in the collection of income and offer proposals to solve them.

Effective measures to stop incorrect clarification and underinvoicing will also be suggested.

Furthermore, the Directorate will help organize special education courses and workshops for Customs Academy Pakistan to raise awareness among customs and staff regarding misunderstanding and sub -voice.

According to the announcement, the entire process will be monitored by the Director -General, who will report to the member’s customs operations.

Earlier, the IMF Communications Director Julie Kozack said Friday that Pakistan will receive $ 1.3 billion in climate financing.

In a speech at a press conference, Kozack emphasized that discussions with Pakistan covered both the extended fund facility (EFF) and climate financing, reported Express News.

Kozack also mentioned that Pakistan’s 37-month EFF program, which was approved in September the year before, remains in place.