Posted 11/10/2023, 2:46:21 AM
Pakistan and IMF Discuss Revenue Measures and Import Growth Ahead of Policy Talks for $710 Million Loan
- Government and IMF agree on backup revenue measures like fixed taxation of retailers and realtors if targets not met
- Revenue generation through import growth is a key concern in talks
- Technical discussions concluding Friday, policy talks starting Monday
- Government committed to curtailing development spending and deficit reduction
- Successful review completion will lead to $710 million loan tranche disbursement