Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met with Mr. Tom Isherwood, Regional Head of Technology and Tax McKinsey & Co. along with McKinsey Partner Mr. Ali Malik at Finance Division today.
Minister of State Mr. Ali Pervaiz Malik was also present at the meeting. The Finance Minister emphasized the need for investment in technology and fostering a cultural shift towards digital governance. He underscored the Government’s commitment to improve tax collection through the Federal Board of Revenue’s (FBR) ongoing efforts in digitization.
The Minister also cited that PRAL (Pakistan Revenue Automation Limited) and REMIT data can be utilized in digitizing FBR’s tax system. The discussions covered achieving quick wins by leveraging this data and implementing daily reporting through dashboards to monitor real-time progress.
Minister of State, Mr. Ali Pervaiz Malik, discussed how the ongoing exercise could be enhanced by efficiently generating, organizing, and analyzing data. He stressed the importance of a data-driven approach to improve overall project outcomes.
The McKinsey team thanked the Minister for Finance and Revenue for the meeting and assured the Finance Minister that they would ensure the completion of the exercise within the given time frame.
