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World Bank proposes USD200m to boost KP tax bases
ISLAMABAD: The World Bank has proposed USD 200 million in financing to help Khyber Pakhtunkhwa (KP) broaden its tax base and improve public service delivery, targeting an increase in the province’s own-source tax revenue from Rs64 billion to Rs122 billion in real terms by June 2031. According to the bank’s document, the proposed Pakistan Public Resources for Inclusive Development Multiphase Programmatic Approach for KP envisages a total cost of USD 650 million, including USD 450 million in provincial government financing and USD 200 million from the World Bank. The programme is expected to run...
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