An International Monetary Fund mission will arrive in Pakistan on September 23 to conduct a biannual review of the country’s economic performance under its $7 billion Extended Fund Facility and $1.4 billion Resilience and Sustainability Facility, marking the next major checkpoint in a lending programme that has become central to Pakistan’s fiscal management and, increasingly,...
Finance Minister Muhammad Aurangzeb called the current salaried tax return form illogical while unveiling the Asaan Tajir mobile app for small traders, and confirmed Pakistan has sought a US Exchange Stabilisation Support Facility.
The International Monetary Fund’s Executive Board has approved the disbursement of the latest tranche under Pakistan’s 37-month Extended Fund Facility, releasing funds after concluding a review mission that assessed the country’s progress on fiscal, energy and tax reform benchmarks. The approval brings total disbursements under the programme to well over half of its total value...