IMF deal requires government to impose taxes worth Rs170 billion: Ishaq Dar
Finance Minister Ishaq Dar has announced that the government will need to impose taxes worth Rs170 billion as part of their agreement with the International Monetary Fund (IMF).
Dar stated that the previous day’s final round of negotiations with the IMF was successful while addressing the media in Islamabad on Friday.
Dar claims that the agreement with the IMF was made by the previous Pakistan Tehreek-e-Insaf (PTI) government, and the current coalition government is putting in a lot of effort to fulfill the terms of the agreement.
The minister added that the power, petroleum, and Federal Board of Revenue (FBR) sectors discussed their road maps and came to an agreement at the IMF meeting.
Following discussions with the IMF, the minister received the morning’s draft of the Memorandum of Economic and Financial Policy (MEFP), stating that everything had been mutually decided during the meeting.
He added that because the government and economic team are working to make the deal with the IMF official, a virtual meeting is scheduled for Monday to move forward.
