Pakistan seeks IMF approval for a new tax to meet bailout conditions and secure loan funds, sparking debate over revenue reforms and public burden.
Pakistan has formally approached the International Monetary Fund (IMF) for clearance to impose a new tax aimed at stabilising revenue collection under the ongoing bailout programme. According to finance officials, the measure is part of broader fiscal reforms designed to meet IMF performance benchmarks and secure the release of the next loan tranche.
Islamabad’s request underscores growing pressure on the government to expand its tax base and reduce reliance on external borrowing. Analysts warn that while IMF approval could help unlock much-needed funds, additional taxation may further burden an already strained population grappling with inflation.
Officials assured that the proposed levy will be structured to minimise its impact on low-income groups while enhancing overall revenue. The IMF board is expected to review the request in upcoming discussions on Pakistan’s economic performance.
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