Pakistan and IMF Continue Loan Talks, Agree on Economic Reforms and Increased Revenue Measures
• Pakistan and IMF extend talks to finalize letter of intent and economic policies • Agree on contingency measures to address data gaps before end of review period • Upgrading anti-money laundering and terrorism financing laws as advised by FATF • Increasing petroleum levy and revising electricity and gas tariffs starting July 2024 • Improving tax system and bringing retailers into tax net through budget measures