Pressured by the IMF, the government withdrew the tax amnesty scheme

 Pressured by the IMF, the government withdrew the tax amnesty scheme

The IMF's demand to receive another 215 billion rupees from the people in the budget was also accepted

The government withdrew the tax amnesty scheme presented in the budget under pressure from the International Monetary Fund (IMF). In the media reports, it has been mentioned with reference to the sources that under the exemption given for not disclosing the source of income for sending one hundred thousand dollars from abroad, the condition was imposed to send the funds from abroad through banking channel, however, the IMF Objected to the amnesty scheme which was withdrawn.

 It has been learned from the sources that 2 Pakistan has also indicated to remove the IMF reservations in the budget, after which there are continuous contacts between Pakistan and the IMF for the restoration of the loan program. There may be a breakthrough in the matter in the next 2 days.

Sources say that Pakistan has once again provided working to the IMF on the external financing of 6 billion dollars and has requested the IMF to relax on it, for which the government has provided another 215 billion rupees in the budget. It has also accepted the demand of the IMF to receive from 85 billion rupees in spending cuts.

 Prime Minister's Coordinator for Commerce and Industry Rana Ehsan Afzal has said that all the objections of the IMF including the budget have been removed, the reserves will also start increasing after the IMF program, it is expected to receive 2.4 billion dollars from the IMF. . He says that more than 25 billion dollars are expected to be invested in Pakistan, only one country is willing to invest 10 billion dollars in the refinery, an agreement has also been signed in this regard, the fruits of the agreements in the current financial year. will start coming, Pakistan needs the 24th IMF program, the IMF is expected to get 2.4 billion dollars, whatever new government comes will go into the 24th program of the IMF.

 Rana Ehsan Afzal said that reserves will also start increasing after the IMF program, communication with the IMF has been established and they are hopeful for an agreement, all the objections of the IMF including the budget have been removed, GCC countries in Pakistan Are willing to invest, especially the Special Investment Facilitation Council is for GCC countries, soon the investment interest of GCC countries will be processed, soon investment will start coming to Pakistan through SIFC.