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Govt Collects Rs. 84B in Mobile Taxes, Pushes Privatization

  • Pakistan's mobile users paid Rs. 84.24 billion in taxes between July 2024 and March 2025, contributing to the government's revenue stream.
  • Efforts to broaden the tax base resulted in 2.39 million new taxpayers registered, bringing the total to 6.59 million individuals, 106,118 Association of Persons, and 93,749 companies.
  • The government plans to privatize 24 public sector entities over five years, starting with high-profile institutions such as PIA, First Women Bank, and power distribution companies like IESCO and GEPCO.
  • A long-awaited update on poverty data is due as the latest survey, conducted in 2018, showed 21.9 percent of the population below the poverty line. A new survey is completed and set to be released before next year's end.

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