POLITICSDAWN
Pakistan made 'meaningful' progress in fiscal federalism, but deviations remain: WB
The World Bank acknowledges Pakistan's 'meaningful' progress in fiscal federalism since 2010 but highlights deviations from international norms, including incomplete expenditure assignments, fragmented tax systems, and flawed federal-provincial transfer arrangements. The report criticizes the 18th Constitutional Amendment for complicating tax jurisdictions and notes that local governments remain fiscally dependent and institutionally unstable.
Mentioned
Related Signal
Adjacent reporting
- Centre vs provinces
- Squeezing tax from easy targets
- Labour's tax hikes had FINALLY started bringing down Government borrowing despite bonanza on benefits and public sector pay… but that was before Iran chaos
- PPP leaders oppose Karachi handover to Centre, tinkering with 18th Amendment
- Budget presser
- How Pakistan stabilised its way into poverty in 21 graphs