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The Federal Board of Revenue (FBR) is contending with a significant revenue shortfall for August, amounting to over Rs100 billion. The board had set a target of Rs898 billion for the month but has only managed to collect Rs790 billion as of August 30, leaving a deficit of Rs108 billion. This shortfall could endanger the approval of a critical $7 billion loan tranche by the IMF, which is vital for Pakistan’s economic stability. In light of the situation, the Prime Minister has called for an immediate report from the Finance Minister and FBR Chairman. If the shortfall persists, the government may be compelled to implement a mini-budget to address the financial gap.
