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Dr. Khaqan Hassan Analysis On Pakistan And IMF Agreement Conditions | Ikhtalafi Note

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Discussion on the current political and economic situation:In a last-ditch effort to clinch a stalled rescue package with the International Monetary Fund (IMF), the government has agreed to introduce a number of changes to its budget for the fiscal year 2024, confirmed Finance Minister Ishaq Dar on the floor of the National Assembly.

"Pakistan and the IMF had detailed negotiations as a last effort to complete the pending review," he told the parliamentarians on Saturday.

For the fiscal year starting next month, the government will raise a further Rs215 billion in new tax and cut Rs85 billion in spending, as well as a number of other measures to shrink the fiscal deficit, the financial czar added.There has been a likely breakthrough in Pakistan's long-drawn-out parleys with the International Monetary Fund (IMF) for the tightly-negotiated 9th review and an official announcement regarding the signing of the deal is expected soon, sources told Geo News Saturday.Debate Among Anchorperson Mehreen Fatima Saad Rasool Muhammad Awais and Hassan Raza

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