The IMF in its report on governance has suggested changes in the legal framework to provide autonomy to the office of the Auditor General of Pakistan.
The International Monetary Fund (IMF) has dispatched its report on the Governance and Corruption Diagnostic Assessment to the Ministry of Finance.
The IMF in its report has advised to the FBR to control corruption and address the tax complications.
The monetary fund has demanded ban over budget adjustment for supplementary grants without permission from the Parliament. “The finance ministry should improve its budget process,” the IMF suggested in its governance and corruption diagnostic assessment.
The lending institution has summoned a report from the Federal Board of Revenue (FBR) over the strategy for reducing advance taxes, additional withholding tax and special regime.
