Pakistan, Sept. 12 -- Pakistan on Friday greenlit another $200 million (Rs57bn) loan from the Asian Development Bank for digitalisation, despite serious questions raised by the Planning Commission.

The project was one of seven projects worth Rs116bn cleared by the CDWP at a meeting presided over by Planning Minister Ahsan Iqbal. He conditionally cleared the Rs57bn Transforming and Digitalising Revenue Administration (TADRA) project, which aims to increase the tax-to-GDP ratio to 13.5pc by 2029 from 11.1pc at present.

The approval comes as the country has already utilised more than $4.7bn in foreign loans aimed at improving revenue collection, while the tax-to-GDP ratio continues to hover around 11pc. The planning minister "recommended t...