RS 200 Billion Rupees ”Mini Budget” to attract IMF

Experts warn against inflation amid new financial proposals

ISLAMABAD – The Pakistani government is reportedly considering a Rs200 billion ‘mini budget’ to woo the International Monetary Fund, which is reluctant to visit a cash-strapped country to hold the 9th review of the ongoing Extended Fund Facility (EFF) Programme.
The government is considering ending tax exemptions, and imposing hefty taxes, to ensure meeting the tax collection target and fulfilling the stern conditions set by Washington-based lender for the release of the next tranche of loan.

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