Says he empathises with the pain people will feel because of the budget
ISLAMABAD – Finance Minister Muhammad Aurangzeb has warned that the IMF programme won’t be the last one for Pakistan if the government failed to significantly boost tax revenue, as he was hopeful of reaching a deal with the Washington-based lender.
“But it will not be our last fund programme if we don’t bring our tax revenues up,” the finance minister said, as he has announced a budget which meets the IMF conditions while generating severe backlash from the low-income groups and salaried classes. “We do not have five years for our programme,” Aurangzeb said. “We have to start showing, start delivering, in the next two to three months.”
Still, the government faces a considerable challenge in putting Pakistan on the path for longer-term growth and debt sustainability, he said.
Pakistan Muhammad Aurangzeb IMF
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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