Pakistan is in talks with the IMF to implement tax on monthly pensions and cut spending as part of a new bailout program. The IMF also demands an end to subsidies for money-losing entities like Pakistan International Airlines to support the economy.
The IMF has told Pakistan it must stop subsidizing money-losing entities, such as Pakistan International Airlines, as a condition for loans to help prop up its faltering economy. But will a spate of privatizations help an economy already in crisis? https://t.co/93j4R46KNC https://t.co/U1cCCf2yHg
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#IMF asks #Pakistan to 'impose' #tax on monthly #pensions, says 'new bailout programme' will require reforms https://t.co/aNMOKRkRfJ
Pakistan presents plan to IMF to cut spending More details: https://t.co/H2U0eCl0Io #ARYNews #IMF #Pakistan https://t.co/Sox73Y7NHD
IMF and Pakistan start policy-level talks https://t.co/e197DpLeVC https://t.co/cIXzZsVILu
IMF asks Pakistan to ‘impose’ tax on monthly pensions #ARYNews #IMF #Tax #Pensions https://t.co/Tid1c3Rfsv