IMF team, Pakistan to discuss mini-budget for additional taxes

Author:

An International Monetary Fund (IMF) delegation is set to arrive in Pakistan today, with formal talks commencing tomorrow. The government is gearing up to present an overview of the country’s economic performance for the first quarter of the current fiscal year. According to Finance Ministry sources, the IMF team will remain in Pakistan until November 15.

Sources indicate that the government is preparing for negotiations with the IMF, which could include outlining a potential mini-budget. During the visit, the IMF delegation will receive updates on tax revenue performance, business-friendly initiatives, and reforms in the energy sector. Discussions are also expected to touch on features of a possible mini-budget aimed at achieving the annual tax target.

The IMF will also be briefed on progress towards implementing an agricultural income tax at the provincial level, though sources suggest that provincial governments have missed the October deadline for enacting the legislation.

Share
Leave a Comment

Recent Posts

  • Top Stories

Lahore Struggles with Severe Air Pollution as AQI Reaches Hazardous Levels

Lahore is facing an escalating air pollution crisis, with the Air Quality Index (AQI) surging…

3 hours ago
  • Pakistan

Court dismisses PTI founder Bushra Bibi’s plea for acquittal in Toshakhana-2 case.

The acquittal plea submitted by Pakistan Tehreek-e-Insaf (PTI) founder and Bushra Bibi in the high-profile…

4 hours ago
  • Entertainment

An Inside Look at Spotify’s ‘Behind the Feature’ Workshop in Lahore

I didn’t know what to expect when I walked into Spotify’s “Behind the Feature” workshop…

4 hours ago
  • Editorial

Empty Declarations

By all means, the recent Riyadh summit was a nicely-choreographed meet up of leaders of…

5 hours ago
  • Editorial

Hajj Hurdles

The recently announced Hajj policy for 2025 introduces changes, but affordability remains a issue. Minister…

5 hours ago
  • Cartoons

TODAY’S CARTOON

5 hours ago