Aftab Baloch, former advisor to Federal Board of Revenue, Pakistan
Wednesday, May 28, 2025
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Pakistan Introduces Fuel Tracking Law... But Systemic Issues Need Addressing First
According to the Pakistani press, the country’s government has introduced an amendment to the 1934 Petroleum Act to implement real-time tracking of petroleum products, from import and production to retail sale. This move aims to reduce massive annual revenue losses estimated at PKR 300-500 billion ($1.1-$1.8 billion), due to smuggling and adulteration of petroleum products.
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