Pakistan delegation leaves for Doha today to hold IMF talks

By: News Desk
Published: 06:52 PM, 17 May, 2022
Pakistan delegation leaves for Doha today to hold IMF talks
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The Pakistani delegation to negotiate with the International Monetary Fund (IMF), and to review the economic relief program for the country, would depart for Doha today, reported 24NewsHD TV channel.

IMF’s Staff Mission, headed by Nathan porter, will also reach Qatar today. Negotiations between Pakistan and the IMF for the 7th review of the economic relief program for the country are scheduled to start on May 18. The shape of the upcoming budget will also be discussed in the negotiations.

Removal of subsidies over fuel, electricity prices, and tax collection would be discussed in the review. The negotiations, marking important decisions for the economic future of the country, would continue for a week.

The IMF has demanded the government increase tax collection to 7,000 billion and remove any and all subsidies from fuel, electricity and agricultural products.

Categories : Pakistan