News

Pakistan, IMF likely to hold talks by month-end

Fund asks Pakistan to review budget targets, enhance tax collection

November 5, 2022 04:34 PM


Negotiations between Pakistan and International Monetary Fund (IMF) are expected to be held in last week of November, reported 24NewsHD TV channel on Saturday.

As per sources, IMF has put up the condition for Pakistan urging review of budget targets. IMF also asked Pakistan to enhance tax collection. Matter related to international payments will also came under discussion during negotiations.

According to sources, China and Saudi Arabi have assured Pakistan of financial support. Chinese President Xi Jinping assured Prime Minister Shahbaz Sharif of financial support when the premier was on official visit to China. 

 

Report: Waqas Azeem



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