Aurangzeb says some of the sectors which need to be brought in a much bigger way into the tax net are provincial markets. / Photo: AFPPakistan is requesting a"larger and longer" multi-billion-dollar loan programme from the International Monetary Fund and discussions are underway with the Fund's officials, the country's Finance Minister Muhammad Aurangzeb said, without specifying how much the nation was trying to secure.
"I believe it is Pakistan's programme. It's not an IMF programme. It's a Pakistan's programme and it is supported, assisted, and funded by the IMF. What's the size, and the reality and where we are, it's premature to talk about that. We have our own views we'll share with them . But I would rather leave it to the joint meetings in terms of the size and the duration of the programme," Aurangzeb told a group of journalists and think-tanks.
"Whether it's agriculture, real estate, property construction, we can help support systems, but it is for them to actually go ahead and do it," Aurangzeb said, adding he has already engaged with the chief ministers of Punjab and Sind provinces with respect to starting the dialogue.
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