Search For "imf demand"
Pakistan's revenue crisis deepens as corrupt tax system crumbles under
Updated : 5 months, 2 weeks ago IST
Pakistan's struggle to meet its revenue targets for the ongoing fiscal year has once again highlighted the deep-rooted structural inefficiencies within the Federal Board of Revenue (FBR). Preliminary figures from the first quarter of FY 2025-26 reveal a shortfall of nearly Rs200 billion, sig
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Pak Govt increases gas rates for industry by 9 pc to meet IMF demand
Updated : 1 year, 10 months ago IST
This decision was ratified on Sunday during a special session of the Economic Coordination Committee (ECC), chaired by Finance Minister Muhammad Aurangzeb, as part of measures to fulfill obligations under a three-year IMF loan program.
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Jailed Imran Khan writes to IMF, seeks election audit before new loan
Updated : 2 years, 2 months ago IST
Pakistan Tehreek-e-Insaf (PTI) founder and former Prime Minister, Imran Khan, confirmed on Friday that he had sent a letter to the International Monetary Fund (IMF) demanding that it hold an audit of the election results before approving any new loan for Islamabad, The News International rep
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Pakistan: Huge increase in power tariff to meet IMF demand
Updated : 2 years, 10 months ago IST
According to the proposal, the government recommended an increase of PKR 3 per unit for the non-protected residential consumers using 1 to 100 units which will take the current per unit cost from PKR 13.48/unit to 16.48/unit. Similarly, for the residential consumers using above 700 units, th
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IMF demands, poll politics pushes Pakistan in a tight spot
Updated : 2 years, 11 months ago IST
Pakistan which undergoing an economic crisis and political instability is in a tight spot to revive its stalled USD 6 billion loan programme.
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Pak govt accepts one more IMF demand, imposes power surcharge from next fi
Updated : 3 years, 2 months ago IST
Pakistan's government has taken the decision to generate PKR 335 billion more in revenue over the next fiscal year to finance the power sector's debt and liabilities.
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Pakistan Minister Ishaq Dar rules out taking dictations from IMF on managi
Updated : 3 years, 5 months ago IST
IMF demanded additional information, including details of shelved development projects that have now been taken up again as a top priority of the government, The Express Tribune reported.
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Pak diplomats posted abroad raise concern over imposition of tax on foreig
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], August 3 (ANI): Pakistani diplomats posted abroad have raised concern over the Shehbaz Sharif government's proposal of implementing 35 per cent tax on foreign allowance.
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Pak FO officers threaten to go on strike over tax on foreign allowance
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], July 31 (ANI): Officers of the Foreign Office (FO) threatened to go on strike over the imposition of income tax on their foreign allowance.
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On IMF demands, Pakistan raises tax rates for salaried class
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], June 25 (ANI): Owing to the demand of the International Monetary Fund (IMF) withdrawing relief given on June 10, Shehbaz Sharif government on Friday increased the tax rates for the salaried class.
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Pakistan power authority NEPRA raises electricity tariff by Rs 7.9 per uni
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], June 2 (ANI): The Pakistani masses who are under the burden of rising inflation and a deteriorating economy were shocked by the rise in basic electricity tariff by Rs 7.9 per unit.
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Pakistan:Fault lines visible in Shehbaz govt as PML-N calls for immediate
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], May 27 (ANI): A faction of Pakistan Muslim League-Nawaz (PML-N) has shown its support for holding an immediate election in the country and expressed that if prices of petroleum products are hiked to meet the latest International Monetary Fund (IMF) demand it will dent t
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