Achi news desk-
The IMF has said that there has been no discussion regarding the China-Pakistan agreements, the IMF does not negotiate on the agreements of the member countries.
The International Monetary Fund says that meetings have been held with political parties in July 2023 to discuss the success of the programme.
The stand-by arrangement agreement was for 9 months and then elections were to be held It was suggested to freeze the development budget to reduce the deficit If the revolving debt was not controlled, Pakistan would have to increase the rates .
Pakistan’s revolving debt has reached 5.7 trillion rupees
Pakistan’s economic progress is encouraging but challenges are still being faced, Pakistan has to deal with political difficulties for long-term growth rate, Pakistan has better implemented the IMF recommendations in the agreement, the Agreement comes Contingency Arrangement to end next April which will go
IMF officials will discuss the new program, it is too early to say anything about the new loan program.
PTI founder was attacked before, he cannot afford another big accident, Lahore High Court
There is a need to expand tax revenue and tax base and a timely adjustment in the energy sector, the transmission and distribution system in the power sector needs to be improved, prices in the energy sector need to be increased in a systematic way in order to reduce inflation. Do not increase.
Increasing the tax rate is a key issue in talks with the IMF, whether Pakistan needs a debt repayment facility or can do without it, the economy will be sustainable through the amount of the loan and the IMF policy package It depends on Pakistan to get financial support from friendly organizations and countries.
