ISLAMABAD: Prime Min­ister Shahid Khaqan Abbasi on Monday said the economic turnaround achieved as a result of prudent economic policies pursued by the government should be further consolidated for maintaining macroeconomic stability and ensuring sustainable economic growth.

Mr Abbasi stated this while chairing a meeting on revenue and tax collection at the Prime Minister Office.

Finance Minister Ishaq Dar briefed the premier on current economic and financial health of the country. Commitment to broaden tax base and facilitate payment of taxes was reiterated during the briefing.

The premier was apprised that collection of taxes had witnessed successful upward trajectory over past four years and overall tax collection has increased on sustainable basis making the outflows available for infrastructural development projects as well as public welfare schemes.

Mr Abbasi observed that taxation was core function of the public sector management and was also seen as an imperative for modern system of governance in context of viable state.

To that extent, he said, the government was committed to utilizing tax revenues for the development and welfare of common man.

Secretary finance, FBR chairman and senior government officials were present during the meeting.

Published in Dawn, August 29th, 2017