Pakistan is making huge strides in the international rankings for lower taxes and inequalities, Lahore Herald

Pakistan is making huge strides in the international rankings for lower taxes and inequalities

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Pakistan climbed nine places to 71st in the Oxfam and Development Finance Institution (DFI) report’s tax rankings, 2020.

According to the report, the country’s overall ranking on the Commitment to Reducing Inequality Index (CRII) has improved by nine, from 137 to 128 in 2020.

However, Pakistan continues to recover among the 11 poorest countries in terms of public spending and services. The country ranks 148th out of a total of 158 registrations.

According to the Oxfam report, Islamabad’s job classification ranks 116th out of 158.

The report noted that only 26 of 158 countries spent the recommended 15% of their budgets on health before the coronavirus pandemic.

Released ahead of the next annual World Bank-IMF meeting, Oxfam’s report found that at least one in three workers in 103 countries is deprived of basic labor rights and protections.

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