Pakistan to Share Pension-Related Plan with IMF

According to Pasar Pakistan, the federal government is working on a pension plan in response to the International Monetary Fund’s request.
According to sources, negotiations would be made with the IMF to make the country’s pension payments manageable.
The new IMF package will be focused on tax reform and increased tax income. According to sources, the government would also have to reconsider the 18 percent general sales tax (GST).
According to sources, the State Bank of Pakistan (SBP) would establish a platform for spot transactions. A new agenda will also be developed for corporations who operate captive power plants.

According to sources, the country’s spiraling circular debt might have significant consequences.

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