Peshawar, 4 January 2022 (TDI): The United States Agency for International Development (USAID) Pakistan chapter, sponsored a training workshop for members of the Khyber Pakhtunkhwa Revenue Authority (KPRA).
The workshop focused on Revenue Authority and its auditing mechanism. This was a result of cooperation with the Khyber Pakhtunkhwa Revenue Mobilization (KPRMA), which is the platform that USAID Pakistan uses to provide technical assistance. For instance, the KPRM provided 8 million dollars to KPRA for technical assistance.
#USAIDPakistan as part of #KP Revenue Mobilization (KPRM) sponsored training workshop of #KP Revenue Authority (KPRA) on internal audit to improve its auditing mechanism. KPRM is USAID’s $8million activity to provide technical assistance to #KPRA to increase provincial revenue. pic.twitter.com/kP8wWlc5hx
— US ConsulatePeshawar (@USCGPeshawar) January 3, 2022
What is KPRA?
Khyber Pakhtunkhwa Revenue Authority (KPRA) is an entity established in 2013 under the Khyber Pakhtunkhwa Finance act. This late act mandate was to administer and collect sales tax on services and infrastructure development.
The KPRA is an autonomous organ placed under Pakistan finance Department to have interference with the government. However, the Khyber Pakhtunkhwa Finance Act is a policy-making body that works with law, excise, taxation, and narcotic control.
The values of transparency and organizational integrity are the footprint of KPRA as a financial institution. Moreover, an efficient financial management system is in place ensuring the preparation of financial statements of the accounts, revenue receipts, external and internal audits, risk managing, and more to build confidence in taxpayers.
What is KPRM?
Khyber Pakhtunkhwa Revenue Mobilization is a management program of the government of the Khyber Pakhtunkhwa in collaboration with the World Bank. With the world bank, the KPRMA aims to ease the generation and growth of Khyber Pakhtunkhwa’s sources of revenue and the good management of public resources.
There are around six objectives that make the KPRM strategy. That will be listed in the following lines:
- Firstly, ensuring policy-driven planning and budgeting.
- Secondly, facilitating a comprehensive credible, and transparent annual budget.
- Thirdly, improving predictability and control in budget execution.
- Fourthly, enabling resource mobilization and enhances provincial sources of revenue.
- Fifthly, improving asset and liability management.
- Finally, fostering accountability for results.
In addition to the World Bank, the KPRM has other partners who are the Khyber Pakhtunkhwa Revenue Authority, the Excise, Taxation, and Narcotic Control Department(ETNCD), and the Board of Revenue (BoR).