Pakistan Tax Reforms Face High Risks Despite Moderate Gains
The World Bank evaluated Pakistan tax reforms under two lending programmes worth roughly $670 million as moderately satisfactory while cautioning that overall execution risks remain substantial.
The World Bank rated two loan programmes supporting Pakistan tax reforms as moderately satisfactory.
The operations carry a substantial overall risk rating driven by political and governance challenges.
The reform initiative aims to lift the national tax-to-GDP ratio from 12.3 percent to 15 percent by June 2030.
An advance disbursement of $164.52 million has already been released after the programme became effective.