FBR Entities PRAL and PSW Identified as Key Sources Behind $11 Billion Trade Data Discrepancy
The Ministry of Commerce and PBS informed the National Assembly Standing Committee on Commerce that PRAL and PSW were responsible for an $11 billion trade data discrepancy. The issue stems from procedural reporting gaps and not financial flows, with steps underway to strengthen coordination and improve data transparency.
Pakistan’s $30 Billion Import Reporting Gap Raises Transparency Concerns in Trade Data
A new report reveals a $30 billion gap between import figures recorded by PSW and SBP over five years, raising serious questions about data accuracy. The IMF has called for transparency, and a government committee is investigating the discrepancies to restore market confidence.
IMF Presses Pakistan for Transparency Over $11 Billion Trade Data Discrepancy
The International Monetary Fund (IMF) has raised concerns over an $11 billion gap in Pakistan’s trade data, urging the government to publicly clarify discrepancies between figures reported by PRAL and PSW, amid growing doubts over the reliability of the country’s external sector statistics.
FBR Expands Digital Invoicing Drive with Targeted Outreach in Quetta
FBR and PRAL continue to advance Pakistan’s digital tax ecosystem by hosting a focused seminar in Quetta, engaging local businesses on digital invoicing adoption and addressing region-specific integration needs.