IMF emphasizes broadening tax base while praising Pakistan’s commitment to economic reforms

IMF emphasizes broadening tax base while praising Pakistan’s commitment to economic reforms

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Sat, 2024-09-28 16:03

ISLAMABAD: The International Monetary Fund (IMF) reiterated its appreciation for Pakistan’s policies that restored economic stability over the past year in its latest statement on Friday, while emphasizing the need to increase revenue by broadening the tax net.
The IMF approved a 37-month, $7 billion loan program for Pakistan this week, recognizing the government’s commitment to implementing the stringent economic reforms it had recommended.

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Read the full story at the Arab News Pakistan website.