Federal Board of Revenue (FBR) has issued a clarification on the news item published in the daily “Dunya” dated May 21, 2021, that Revenue Division could only spend Rs. 10,300 on Single Window Program out of allocated Rs. 200 million funding in the last ten months.
FBR has clarified that an amount of Rs. 20 million has been allocated under PSDP funding to the PSW program for the ongoing fiscal year and not the reported amount of Rs. 200 million.
With the required administrative approvals in place, the allocated amount is expected to be fully utilized before June 30, 2021. Pertinently, FBR has utilized Rs. 250 million from funds allocated by Pakistan Customs and Rs. 300 million under grant in aid from donors for PSW implementation in the current fiscal year.
Another sum of Rs. 262 million has been utilized for the up-gradation of an existing data center to host PSW solution.
FBR has clarified that Pakistan Single Window is a major reform initiative of the government of Pakistan aimed at reforming the overall management of cross-border trade.
Major progress has been made by Pakistan Customs as its lead agency, enabling the Revenue Division to roll out the first phase of Pakistan Single Window in 2021.
Pakistan Customs, as the lead agency, is well on track to deliver the PSW program within the allocated time and budget.
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