Islamabad: Condition to meet 5 demands from Pakistan before next IMF deal.
The IMF stipulated that five demands be met from Pakistan for the next deal. These conditions include the abolition of tax exemptions and the autonomy of the SBP.
Talking to the media in Islamabad, Finance Adviser Shaukat Tareen said that a deal with IMF would be reached soon.
5 Demands from Pakistan before the Next IMF deal:
“The IMF has demanded five pre-deal measures before the deal, including the abolition of tax breaks and the autonomy of the SBP while the demand for an increase in electricity prices has already been met,” he said.
He said that the bill for the abolition of tax exemption and autonomy of SBP has been prepared.
He said, “The Ministry of Law is finalizing the draft of the legal bills. Currency rate and monetary policy are under the purview of SBP.”
Shaukat Tareen said that this year the growth rate will be more than 5%, we will provide assistance to the poor and provide them interest-free loans.
In the next four years, the government will spend Rs. 1400 billion on a Kamyab Pakistan Program.
He said that the loan of Rs. 140 billion will be given to the Kamyab Jawan Program in the next four years for the program.
“Rs 260 billion has been earmarked for the Ehsas Program and Rs 350 billion is being allocated for the Ehsas Ration”, he added.
The finance adviser said that even during Corona, the government provided financial resources to the business and was doing what was necessary for the poor.
Shaukat Tareen also said that despite the IMF program will help the poor, the government’s job is to work for social welfare, but due to lack of funds is difficult.
He said that the present government has launched social welfare schemes, the government will achieve the target of 5% economic growth this financial year, the impact of economic growth will reach the people on the condition of sustainability.