Economic decisions

This refers to the editorial ‘Tax incentives’ (March 1) which assails the failure of the government to reform the revenue collecting board. Although the FBR has taken some measures, these are superficial as the results do not match the rhetoric. What is required is a total revamp of the board. This government, like its predecessors, is relying on a used cartridge which has failed to hit the target.The net result is that there is a huge shortfall in tax collection. Preferring political expediency over economic decision making is dangerous for the fragile economy and can lead to more trouble in the coming months.Arif MajeedKarachi

from The News International - Newspost https://ift.tt/2NCkE7T