Islamabad September 3 2024: The government expects to get final loan approval from the IMF executive board on time, finance minister Muhammad Aurangzeb says in a televised speech.
Gov’t won’t ‘take back” the proposed tax on traders; to boost tax-to-GDP ratio to at least 13%. The current 8.88 tax-to-gdp ratio is not sustainable. Government is committed to reduce the size of federal government to cut expenditures. Minister says he expects policy rate will decline with reduction in inflation.
