Pakistan taxing its citizens for IMF deal: 7% surge in tax, luxury goods costly3 min read . Updated: 21 Feb 2023, 10:55 AM IST
Kristalina Georgieva, IMF Managing Director has also emphasized two things that can help Pakistan get away from economic collapse and a loan from the financial body.
Pakistan is facing an imminent economic meltdown with the country modifying its policies according to the conditions laid down by the International Monetary Fund, in an effort to unlock the tranche of a $6.5 billion loan facility to overcome the financial crisis. IMF's delay in sending loans is pushing the country's economy into a ‘tailspin’.
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