Govt plans budget squeeze to win IMF funding approval

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پاکستان عنوانات خبریں

پاکستان تازہ ترین خبریں,پاکستان عنوانات

The IMF has demanded further budgetary tightening before the next tranche worth some $1b can be approved. For more details: AajNews AajUpdates

Pakistan will end most exemptions on sales tax so that all sectors pay a uniform 17% as part of a package of belt tightening measures aimed at securing approval for a $1 billion tranche of IMF funding, officials said on Friday.

Finance adviser Shaukat Tarin said the IMF had demanded that the sales tax become an across-the-board sales tax of 17%, which currently is the highest level but only applicable to some goods and services. However, he said the government would be working to provide relief to lower income workers and others hit by the tax.

Pakistan had been in talks with the IMF for several months to seek a relaxation in the terms and conditions of a bailout package agreed more than two years ago to shore up its fragile public finances.

 

آپ کے تبصرے کا شکریہ۔ آپ کا تبصرہ جائزہ لینے کے بعد شائع کیا جائے گا۔
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:

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پاکستان تازہ ترین خبریں, پاکستان عنوانات

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