Federal Finance Minister Muhammad Aurangzeb has mentioned that Pakistan needs an extended bailout program of the IMF.
In an interview in Washington, the finance minister mentioned that discussions with the IMF are ongoing for the brand new program, and the priorities and rules will likely be agreed upon when the mission involves Islamabad.
The finance minister mentioned that it’s untimely to speak concerning the measurement of this system, it’s Pakistan’s program, not the IMF’s program, Pakistan is funded by the IMF.
He mentioned that if the mortgage is sanctioned, the NFC will assessment the award, which must be reviewed within the context of the 18th Modification.
Mohammad Aurangzeb mentioned that many issues have been transferred to the provinces below NFC, we’ll focus on with the provinces on NFC.
He additional mentioned that there’s a must carry the provincial markets into the tax web. He has mentioned with the chief ministers of Punjab and Sindh.
