In the upcoming budget the government will likely to announce Rs. 750 billion's new taxes, the working paper suggests.
Shaikh said that Pakistan intends to move ahead the negotiations with the IMF. The IMF has assured to send its delegation to Pakistan, he further said.
ISLAMABAD: Finance Minister Ishaq Dar on Saturday stressed the need for effective budget implementation to ensure the intended benefits to the general public. “The measures announced in the budget are aimed at improving the welfare of the general public, and enabling higher, sustainable and inclusive economic growth,” he said while chairing a meeting in Islamabad. He also urged the Finance Division officials to ensure continued pursuance of austerity measures in order to maintain financial discipline. The finance…
ISLAMABAD: Vice President Pakistan Peoples Party Parliamentarian (PPPP) Senator Sherry Rehman on Tuesday expressed dismay over the recent budget presented by the government. “The government just stripped people of hope for a better life by telling them it is blithely continuing to tax them to pay for its profligate spending,” she said while addressing the senate. She said it was appalling to observe that around 82 to 85 percent of the taxes gained were indirect. The brunt of these failed policies is borne by the poor…