CB News
ISLAMABAD: The IMF has demanded a new tax of 600 billion rupees, after which Pakistan will be forced to take tough decisions to convince the IMF. According to the details, the toughest ever negotiations between Pakistan and the IMF will start from January 31, Pakistan will have to control additional expenditure of 2230 billion rupees. of the Ministry of Finance
Sources told ARY News that the IMF is asking for more taxes to increase tax revenue. Sources say that Pakistan will have to control the additional expenditure of 2.23 trillion rupees, electricity and gas subsidy will have to be limited to the poor only. Apart from this, electricity and gas tariffs will have to be gradually increased, tax breaks for the elites will have to be limited, austerity will have to be strictly enforced in government institutions. The Ministry of Finance has said that the government will have to impose a ban on the purchase of new vehicles for government officials, as well as save the use of electricity and gas in government institutions. Income tax and sales tax exemptions will have to be reduced, IMF delegation will visit Pakistan from January 31 and negotiations will continue till February 9, sources said.
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