Advertisement

IMF demands full briefing on Pakistan’s tax relief policies

  • Web Desk
  • Share

IMF demands full briefing on Pakistan’s tax relief policies

IMF demands full briefing on Pakistan’s tax relief policies

Advertisement

The International Monetary Fund (IMF) has asked Pakistan to provide detailed information about the tax exemptions given in different sectors. The ongoing talks between Pakistan and the IMF will continue into the second week.

According to sources, the IMF has requested a full briefing on the tax reliefs granted by the government. Officials from the Ministry of Finance will brief the IMF on the export and import of sugar and its impact on the economy.

The IMF delegation will also receive updates on the Reko Diq project, including its macroeconomic effects and financing details. Pakistan will share information about both local and foreign investments in the project.

Sources said the IMF is particularly interested in understanding the tax exemptions related to Reko Diq, royalties, and the fiscal risks linked to project guarantees. The meeting will also assess how these exemptions affect overall tax revenue.

Reports suggest that the IMF has decided to closely examine the financial impact of tax reliefs provided for the Reko Diq project.

Advertisement

Also Read

Pakistan likely to receive $1.2 Billion as IMF review progresses

Pakistan and the International Monetary Fund (IMF) are holding key talks on...

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
High-level Saudi Business delegation arrives in Pakistan for $1 Billion investment talks
Prime Minister Shehbaz Sharif honored with doctorate degree in Malaysia
India releases water, Triggers low flood in Sutlej
Gold price rises by Rs1,500 per tola in Pakistan
Pakistan not engaged in arms race with India: DG ISPR
Jaffar Express coaches derail after blast near Shikarpur
Next Article
Exit mobile version