Pakistan, July 2 -- ISLAMABAD - Prime Minister Shehbaz Sharif on Wednesday lauded the Ministry of Finance and the Federal Board of Revenue (FBR) for achieving a record 42% rise in federal tax revenue during FY 2024-25 - the highest in a decade.

While chairing a high-level meeting to review FBR's digitization and reform progress, the prime minister was briefed that the government collected Rs 865 billion more than last year. This remarkable boost also raised the revenue-to-GDP ratio to 11.3%, showing a 1.5% improvement from the previous fiscal year.

PM Shehbaz stressed that no department would be allowed to show complacency in meeting revenue and economic goals. He reaffirmed his commitment to personally monitor each stage of the revenue...