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IMF Demands Spending Cuts or Additional Taxes of PKR 189 Billion

As high-level negotiations began under Finance Minister’s leadership, Pakistan informed the International Monetary Fund (IMF) on Monday that PKR 11 billion had been...

Business

IMF Demands Mini-Budget After Pakistan Misses Tax Targets

Islamabad: In virtual talks with Pakistan’s Federal Board of Revenue (FBR), the International Monetary Fund (IMF) has demanded a mini-budget due to the...

BusinessWorld

IMF Recommends Pakistan to Spend 1% of GDP on Climate Adaptation

The International Monetary Fund (IMF) has advised Pakistan to allocate 1% of its GDP to protect against climate shocks such as extreme weather...

BusinessPakistan

IMF Approves Increase in Cash Assistance for Benazir Kafalat Program

The International Monetary Fund (IMF) has approved an increase in cash assistance under the Benazir Kafalat Program to provide additional relief to beneficiaries....

Business

IMF Demands Additional Monthly Taxes of Rs. 10.3 Billion After Noticing Shortfall for July-September

The International Monetary Fund (IMF) has called on Pakistan to introduce new monthly taxes amounting to Rs. 10.3 billion due to a tax...

Business

Govt to Impose 7 New Taxes if Revenue Misses Target by 1%

The government has agreed with the International Monetary Fund (IMF) to introduce seven new taxes during the fiscal year 2024-25 if revenue collection...