Relating to the brand new IMF program, the Pakistani financial staff in Washington was suggested by the officers of the worldwide monetary establishments to have a short-term program as an alternative of an extended one.
Authorities sources have stated that the Pakistani financial staff in Washington has held casual consultations with worldwide monetary establishments and financial officers of pleasant nations.
Sources have stated that worldwide monetary establishments have suggested the Pakistani financial staff to digitize the tax system and remove all kinds of aid.
Worldwide monetary establishments have additionally urged fast privatization of state-owned corporations to scale back fiscal deficit.
Worldwide monetary establishments have urged privatization of state-owned corporations on an as-is foundation, whereas handing over administration management of loss-making state-owned corporations to the personal sector.
Sources have stated that worldwide monetary establishments have additionally urged measures to extend funding in agriculture, textiles, minerals, tourism and IT sector.
Sources additionally say that the worldwide monetary establishments have urged the elimination of pointless authorities departments and retrenchment in others.
