FBR achieves tax collection target for year 2015-16: Ishaq Dar

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Finance Minister Ishaq Dar has said the federal board of revenue has achieved the tax collection target of Rs 3104 billion for the fiscal year 2015-16.

Talking to the media in Islamabad today, he termed this an historic achievement of the FBR.

Dar said that the foreign exchange reserves have crossed the mark of 23 billion dollar.

19 billion dollars are with the State Bank of Pakistan and 4.9 billion dollars with the private banks. The development budget of the provinces have reached 1900 billion rupees over the last three years,  Dar added.