World Bank okays $150m plan to boost property tax collection in Karachi
⟶ The World Bank has approved a $150 million program aimed at improving urban property tax collection in Karachi. The program will also focus on strengthening municipal service delivery across 25 towns within the city.
ISLAMABAD: The World Bank has approved a $150 million programme to help the Sindh government improve urban property tax collection and strengthen municipal service delivery in 25 towns of Karachi. The Sindh Property Revenues Enhancement Programme (Sindh PREP)…
Background
The program is called the Sindh Property Revenues Enhancement Programme (Sindh PREP).
Why it matters
This initiative seeks to enhance the financial capacity of the Sindh government in Karachi. By improving tax collection, the program aims to support better municipal services for the city's residents.