World Bank approves $304 million for Punjab
The amount is approved for Punjab Resource Improvement and Digital Effectiveness Program.
LAHORE (Dunya News) – The World Bank has approved $304 million in financing for the Punjab Resource Improvement and Digital Effectiveness Program (PRIDE).
The program supports efficiencies in public resource management that generate savings and create fiscal space for growth-generating investments in the Punjab province.
The program helps Pakistan strengthen public financial management systems at the federal and provincial levels. It will improve revenue collection by increasing registration of businesses and real estate.
Moreover the program will simplify tax administration processes such as registration, filing, payment, refunds and appeals.
