By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read
PBC and FBR

Prime Minister Shehbaz Sharif has appointed Dr. Najeeb Ahmed Memon as the first Director General of the newly formed Tax Policy Office (TPO)  a landmark decision aimed at separating tax policy from revenue administration. The TPO, operating under the Finance Division, will play a central role in preparing the 2026–27 federal budget, marking a major reform in Pakistan’s fiscal management.

The creation of the TPO was officially notified in February 2025 as part of the government’s broader plan to restructure the Federal Board of Revenue (FBR) and align with IMF-backed governance reforms. The move comes after years of criticism over FBR’s dual role in both policy-making and revenue collection, which often led to inefficiency and policy inconsistency.

The Tax Policy Office will focus on:

  • Data-driven analysis of tax proposals
  • Revenue forecasting and economic modeling
  • Managing international tax treaties and fiscal obligations

The office will report directly to the Finance Minister, ensuring transparency and better policy coordination. Staffing and administrative approvals will be handled jointly by the Finance and Establishment Divisions.

“The establishment of the TPO is a significant milestone toward evidence-based tax policy and better governance,” a Finance Division official stated.

Dr. Najeeb Memon brings over 20 years of experience in tax administration and reform, having worked with World Bank, GIZ, HM Revenue & Customs, and Tax Inspectors Without Borders. His expertise covers income tax, VAT, and federal excise systems, making him well-suited to lead the country’s new tax policy direction.

According to sources, the federal cabinet may revise the structure and mandate of the TPO over time to enhance its operational effectiveness. The initiative is also expected to help Pakistan meet IMF benchmarks for improved fiscal discipline and institutional independence.