A new report by the Business Recorder highlights a distressing trend in Pakistan’s fiscal policy. The nation, already battling severe economic instability, is reportedly squeezing its small productive sector to sustain an inefficient and bloated bureaucracy. With only 3.4 million registered taxpayers out of a workforce of 85.6 million, the burden is disproportionately placed on a tiny 4% minority. This policy effectively criminalizes excellence and transparency, forcing salaried individuals who already pay up to 35% in taxes to also fund their own basic services like security and education. Experts warn that without radical reform, 800,000 skilled manufacturers could flee the country by 2025, further hollowing out the economy to meet 9 trillion rupees in debt obligations.
Pakistan’s Tax Policies Crush Producers to Feed Bureaucracy
Business 1 Min Read
