Pakistan to convince IMF over implementation of ‘tax’ measures and reducing subsidies
The International Monetary Fund (IMF) on Tuesday demanded Pakistan to withdraw untargeted subsidies, reduce circular debt, meet petroleum levy and Federal Board of Revenue (FBR) tax collection targets, it is learnt.The IMF programme was going to end in June 2023. So far, around $3.5 billion of the $6.5 billion total package remained undisbursed. Nathan Porter, …
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