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Pakistan rejects IMF’s demand to raise tax revenue

by Web Desk November 4, 2020

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 Pakistan rejects IMF’s demand to raise tax revenue

ISLAMABAD: Pakistan has rejected the International Monetary Fund’s demand to raise the tax revenue in the country.

According to the Ministry of Finance, the current situation of the epidemic does not allow us to put more burden on the public.

On the other hand the chairman of the Federal Board of Revenue (FBR), Nausheen Javed Amjad has also confirmed that such a demand has been made by IMF.

The chairman explained that they already increased the tax revenue in the first four months despite the difficult conditions. With the payment of tax refunds, there has been a rise, and the community is able to revive business activities.

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