World Bank urges Pakistan to implement tax reforms, eliminate sales tax exemptions, and adopt austerity measures.

The World Bank has urged Pakistan to implement tax reforms and eliminate sales tax exemptions, according to Pakistan-based ARY News. The report advises the Pakistani government to create a national child development policy, reduce subsidies on energy and commodities, and reallocate funds to public welfare initiatives. The World Bank also recommends austerity measures and public-private partnerships in government-owned companies.