Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, announced that Pakistan’s ongoing IMF programme will be country's last.
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, announced that Pakistan’s ongoing IMF programme will be the country’s last.
Pakistan has participated in 24 IMF programmes since joining the International Monetary Fund in 1950, with the latest being a 37-month Extended Fund Facility approved in September 2024. The minister, alongside Federal Board of Revenue Chairman Rashid Mahmood Langrial, explained that the two primary reasons for seeking the EFF are to ensure macroeconomic stability and implement critical reforms under a homegrown economic agenda.Aurangzeb highlighted the need for population control to achieve sustainable development and emphasized the necessity of increasing tax revenues while ensuring that tax authorities respect human rights.
Additionally, the finance minister shared that open discussions with the World Bank and IMF on climate financing have taken place, with the World Bank set to provide both funding and technical assistance for climate-related projects.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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