Pakistan : Selected Issues Paper.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Middle East and Central Asia Dept.

Series:

IMF Staff Country Reports; Country Report ; No. 2016/002

IMF Staff Country Reports

Language:

English

Physical Description:

1 online resource (40 pages)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2016.

Summary:

This Selected Issues paper reviews Pakistan’s tax regime, evaluates the level and composition of tax revenues, and estimates tax buoyancy and efficiency. Despite recent progress under the program, Pakistan’s tax revenue remains very low relative to comparator developing countries and the tax effort expected for the country’s level of development. This reflects narrow tax bases, overgenerous tax concessions and exemptions, weak and fragmented revenue administrations, and structural features of the economy. The findings suggest that unlocking tax revenue potential requires broadening tax bases, strengthening revenue administration and taxpayer compliance, eliminating distortionary tax expenditures, and rationalizing tax policy for greater efficiency and equity through a comprehensive and front-loaded reform agenda.

Contents:

Cover

Contnets

UNLOCKING PAKISTAN'S REVENUE POTENTIAL

A. Introduction

B. Tax Regime and Revenue Performance

C. Estimating Tax Buoyancy and Efficiency

D. The Way Forward

E. Conclusion

FIGURES

1. Tax Revenues in International Perspective

2. Number of Taxpayers

3. Agricultural Sector and Tax Revenues

4. Tax Bouyancy

5. Tax Efficiency

6. Corruption, Business Climate and Tax Revenues

TABLES

1. Composition of Tax Revenues

2. Cost of Tax Expenditures

REFERENCES

IMPROVING PAKISTAN'S COMPETITIVENESS AND BUSINESS CLIMATE

A. Increasing Growth through Higher Competitiviness

B. Policies to Unlock Potential Growth through Productivity and Capital Accumulation

C. Export Competitiveness

BOX

1. Estimating Real Exchange Rate Misalignment

1. Distribution of Exports

2. Pakistan's Exports: Market Shares

3. Pakistan and Selected Peers, Export Diversification

4. Pakistan and Selected Peers: Export Quality by Products (SITC, Rev. 1)

MACROECONOMIC GAINS FROM RAISING FEMALE LABOR FORCE PARTICIPATION IN PAKISTAN

A. Background

B. International Evidence for FLP Determinants

C. Evidence from Pakistan's Micro Data

D. Policy Recommendations

1. GDP Losses due to Economic Gender Gaps in Selected Countries

2. Labor Force Participation (LFP) Rates

3. Global Gender Gap

4. Women in Parliaments

5. Ratio of Girls to Boys Enrollments in Primary and Secondary Education

6. Resource and Legal Restrictions

7. Male Minus Female Participation Rates

REFERENCES.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781513567631

1513567632

9781513545615

1513545612

9781513574103

1513574108

OCLC:

948782239