Tag: IMF
FBR projects Rs5,700bn tax collection for next fiscal year; IMF says ‘do more’
ISLAMABAD: The Federal Board of Revenue (FBR) has estimated Rs5,700 billion as a net revenue collection for the next fiscal year 2021/2022, around Rs263 billion less then projection of International […]
Finance ministry, IMF meeting to finalize budget proposals
ISLAMABAD: An important meeting of the ministry of finance with representatives of International Monetary Fund (IMF) will be held today evening (Thursday evening) to finalize the recommendations for budget 2021/2022. […]
Parliament to approve amendments to SBP Act by September
KARACHI: The National Assembly likely to adopt amendments to State Bank of Pakistan (SBP) Act by September 2021. This was assured by the Pakistani authorities to International Monetary Fund (IMF). […]
Harmonization of sales tax to complete by June
ISLAMABAD: Harmonization of sales tax between federal and provincial tax authorities may be completed by end-June 2021, officials in the Federal Board of Revenue (FBR) said on Wednesday. The FBR […]
Salary income tax brackets to be reduced to five
KARACHI: The government is working on reducing the brackets of salary income tax to five from existing 11 besides reducing the income slabs, according to country report on Pakistan issued […]
IMF projects Pakistan’s GDP growth at 5pc in FY24
KARACHI: International Monetary Fund (IMF) has projected that Pakistan’s GDP growth may grow five percent in 2023/2024 from projected growth of 1.5 percent in the current fiscal year. The IMF […]
Pakistan receives $498.7 million IMF tranche
KARACHI: Pakistan has received $498.7 million under Extended Fund Facility (EFF) from International Monetary Fund (IMF), State Bank of Pakistan (SBP) said on Tuesday. The central bank said that it […]
IMF relaxes requirements on Pakistan’s FY 2016 misreporting
Washington, DC: International Monetary Fund (IMF) on Wednesday said that the Pakistani authorities have shown strong commitment in providing accurate data in future so the Executive Board of the IMF […]
IMF board allows $500 million disbursement for Pakistan
Washington, DC: The Executive Board of the International Monetary Fund (IMF) on Wednesday allowed disbursement of $500 million under Extended Fund Facility (EFF) for Pakistan. The IMF board completed the […]
IMF projects Pakistan’s economic expansion by 1.5pc in current fiscal
ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s economic expansion by 1.5 percent during the current fiscal year 2020/2021 while praising efforts of Pakistani authorities in taking measures amid […]