IMF Delegation Arrives In Pakistan Today For Budget Preparation Meetings
IMF delegation to arrive in Pakistan today to prepare budget for new fiscal year.
According to sources, an International Monetary Fund (IMF) delegation will arrive in Pakistan today to hold important talks on the preparation of the federal budget for the next fiscal year.
The delegation will review the budget proposals with Finance Ministry officials and discuss tax revenue, expenditure control and development projects.
Tax system reforms: IMF delegation will hold talks with Pakistani officials on new tax collection measures.
Provincial agricultural tax: Methods and targets for agricultural tax collection by provinces will be determined.
Pension and development expenditure: Pension scheme and development programs will be finalized.
Next tranche of loan: IMF will review Pakistan’s implementation of commitments and decide on the next disbursement.
According to sources, the budget for the next fiscal year will be presented in the first week of June. These talks will be crucial for the country’s economic policies, including external financing and debt repayment arrangements.
Economic experts say that these talks are crucial for the country’s economic stability, given the IMF’s stringent conditions and Pakistan’s economic challenges. The final shape of the budget and the next tranche of the IMF will depend on the outcome of the delegation’s visit.