Things are happening at velocity of light. When IMF wants something, IMF gets something.The heavy lifting is being done here:
“The timely and decisive implementation of these policies along with resolute financial support from official partners are critical for Pakistan to successfully regain macroeconomic stability and advance its sustainable development,” the statement added.
It further said that virtual discussions would be held in the coming days to finalise the implementation of these policies.
Translation: until the agreed upon terms and conditions are implemented on the ground and the new taxes and rates go into effect, IMF funds will not be coming in. Dar's or Sharif's autographs on paper have exactly zero value.
Govt implements revenue measures from Feb 15 to secure $1.2bn IMF tranche early
Govt implements revenue measures from Feb 15 to secure $1.2bn IMF tranche early
Ends Kissan Package and power subsidy for exporters; 1pc hike in GST to yield additional Rs70bn in four and a half months.
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