Pakistan to impose Rs 170 billion in taxes after IMF deal: Report
1 min readPakistan should impose Rs 170 billion in taxes by way of a mini-budget with the intention to revive the mortgage programme, the nation’s finance minister mentioned.
New Delhi,UPDATED: Feb 10, 2023 19:20 IST
Ishaq Dar mentioned Pakistan has acquired the draft of the Memorandum of Economic and Financial Policies from IMF (Photo: Twitter)
By India Today Web Desk: Pakistan’s finance minister, Ishaq Dar, immediately mentioned that the assembly with the International Monetary Fund (IMF) ended “positively”, hours after the worldwide lender issued an announcement on its talks with the cash-strapped nation.
Pakistan should impose Rs 170 billion in taxes by way of a mini-budget with the intention to revive the mortgage programme, Dar additional mentioned, reported Geo News.
Speaking to the media, the Pakistan minister confirmed that the nation has acquired the draft of the Memorandum of Economic and Financial Policies (MEFP) from the Washington-based lender.
Also Read | Cash-strapped Pakistan reaches take care of IMF over stalled bailout package deal
He additionally reiterated that the programme which is being carried out by the incumbent authorities is the one which was signed by former Prime Minister Imran Khan with the IMF in 2019-2020.
The present authorities is holding talks to succeed in an settlement as a “sovereign commitment”, he mentioned, including, “This is an outdated settlement which had been suspended and delayed beforehand.”
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Published On:
Feb 10, 2023
