system.

IMF ‘concerned’ over FBR’s Track and Trace system shortcomings

The IMF expresses concern over the Federal Board of Revenue's track and trace system's shortcomings. The agency has requested a detailed implementation report and set a deadline for its adoption across five major sectors. Pakistan is in talks with the IMF for a bailout package, with both parties agreeing to accelerate reforms to expand the tax net and prevent evasion.

PM Shehbaz orders probe into ‘failure’ of Track and Trace System

PM Shehbaz Sharif has instructed an inquiry into the Track and Trace System (TTS) failure, aiming to counter tax evasion. Former State Bank Governor Tariq Bajwa will lead the committee tasked with investigating and reporting back to the prime minister. The system, piloted in 2021, has underperformed and failed to meet anticipated outcomes.

PPP submits reservations to ECP over election results system

The People's Party has submitted reservations about the election results system to the Election Commission of Pakistan. They fear that the new EMS system may compromise transparency and propose using WhatsApp instead. PPP also recommends better communication among polling officials. They express concerns based on previous election system issues.

Pakistan Railways to initiate fuel monitoring system from Jan 10

Pakistan Railways is set to introduce a fuel monitoring system from January 10, promising enhanced operational efficiency and financial savings. The move aims to optimize fuel supply and reduce expenditures. The railway network is also transitioning to solar power and enhancing healthcare facilities. Additionally, plans include installing executive toilets at major stations.