
TEX To GDP, RATIO DECLINES,THINKTANK
An economic thinktank has claimed that the tax-to-gross domestic product (GDP) ratio of the Federal Board of Revenue (FBR) has declined from 11.6 percent in 2019–20 to 10.4 percent in 2024–25. According to a report – Decoding Pakistan’s Budget Dynamics – issued by Economic Policy and Business Development on Monday,














