- IMF mission has asked Pakistan to increase GST to 18%
- Demand put forward during four rounds of talks for a fresh loan
- IMF suggested sales tax collection should only be done by federal government
- IMF also demanded end of GST exemption and increase to 18% on commodities and services
- IMF also demanded reforms in Insurance Sector and privatisation of three government-owned insurance companies
- PM Shehbaz Sharif announced privatisation of all state-owned enterprises except for strategically important entities
Source: arynews.tv
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
