- Pakistan to stay in IMF cycle if taxes not hiked, says Fin Min Aurangzeb
- Pakistan's Finance Minister, Aurangzeb, has emphasized the need for increasing taxes to avoid remaining in the International Monetary Fund (IMF) program cycle. He stated that without raising
- taxes, Pakistan would have to continue seeking support from the IMF. The recent budget presentation aligns with IMF guidelines, aiming for a challenging Rs13 trillion tax collection target
- and a 3.6% GDP growth for FY2024-25. The budget includes measures to broaden the tax base, reduce tax exemptions, and impose higher taxes on the salaried class
