I was asked in a recent interview about raising the Tax to GDP ratio; my answer: 'do nothing'.
Pakistan's problems are not related to tax and revenue collection. We need to lower Government spending. The solution is
(1) Reduce the number of Bureaucrats, not by firing them but by simply capping or reducing new hiring.
(2) Making a smaller government, fewer ministries and divisions, doing away with unwanted departments, and most of all saying bye bye to over regulation.
(3) Selling Government enterprise and business.
Pakistan's problems are not related to tax and revenue collection. We need to lower Government spending. The solution is
(1) Reduce the number of Bureaucrats, not by firing them but by simply capping or reducing new hiring.
(2) Making a smaller government, fewer ministries and divisions, doing away with unwanted departments, and most of all saying bye bye to over regulation.
(3) Selling Government enterprise and business.