Thursday, November 28

Pak's interim government, IMF agree on backup steps in review talks

Pakistan's caretaker government and the International Monetary Fund (IMF) have agreed on backup measures to be implemented by the end of the year if fiscal and monetary targets are at risk. The measures include expanding taxation on the retail sector and improving revenue collection from real estate. The IMF mission is concerned about revenue targets through import growth and the power sector circular debt. Policy-level talks are expected to begin next week to discuss these issues and the government's plans to attract foreign direct investment.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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