Pakistan losing $6 trillion a year to corruption & subsidies in public sector entities, claims former Revenue Board chair

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The former chair of Pakistan's Federal Board of Revenue Abdullah Yousuf said Pakistan is losing almost $6 trillion a year in terms of losses and subsidies to public sector organisations due to poor governance and corruption. He said this while addressing a two-day conference on public financial management organised by the Institute of Chartered Accountants of Pakistan in collaboration with World Bank and USAID.

Read the story by Naveed Butt and Aamir Saeed, in Business Recorder. http://www.brecorder.com/taxation/181:pakistan/1245677:public-sector-entities-/

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