Before the visit of the IMF delegation
The government prepared to impose additional taxes of 200 to 600 billion rupees to meet the budget deficit.
The IMF delegation will decide how many new taxes to impose and how many non-tax measures to take, the IMF has demanded several measures to revive the debt program. Demands for increase in petroleum products have been fulfilled while the levy on diesel has been increased to Rs 40 per liter and it is expected to increase further next month.
Pakistan has to restore the IMF program in any case to avoid default and the visit of the IMF delegation will start tomorrow.
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