Lahore: The Pakistan Economy Watch President Dr. Murtaza Mughal appreciated and backed government plans to repatriate assets held abroad, a news source reported. He stated that the Prime Minister has instructed Finance Ministry task force to submit its recommendations in two weeks.
Initially action will be taken against properties worth USD 8 billion in Dubai, while later steps will be taken to bring back the estimated USD 200 billion stashed in Swiss banks. Mughal further said that government is working to increase its revenue and Pakistan Economy Watch backs the efforts to widen the tax net to additional 100,000 people during the current fiscal year.
