The aim of both the sensitive program and the non-functional support program is that the common man should be taken into trouble, hope for good days remains. Talking to media, Finance Advisor Hafeez Sheikh
ISLAMABAD (Federal Investigation Agency), May 12, 2019 (Federal Advisor Finance) Hafeez Sheikh has said that the sense of program and non-profit support program is going to increase 180 billion rupees, the purpose of both these programs is that the common man is taken out of trouble. Let's hope for good days. Talking to media, he said that for a few years Pakistan's economic situation was very bad.
The country's imports and exports had a difference of $ 20 billion. Exports can not grow in every round in Pakistan. Similarly, foreign debt increased from $ 90 billion. Hafeez Sheikh said that the agreement with IMF has been fixed after months. IM
ISLAMABAD (Federal Investigation Agency), May 12, 2019 (Federal Advisor Finance) Hafeez Sheikh has said that the sense of program and non-profit support program is going to increase 180 billion rupees, the purpose of both these programs is that the common man is taken out of trouble. Let's hope for good days. Talking to media, he said that for a few years Pakistan's economic situation was very bad.
The country's imports and exports had a difference of $ 20 billion. Exports can not grow in every round in Pakistan. Similarly, foreign debt increased from $ 90 billion. Hafeez Sheikh said that the agreement with IMF has been fixed after months. IM
The AF keyboard will approve the agreement with Pakistan.
"IMF's goal is to help the poor countries," he said.
He said that IMF will get US $ 6 billion in three years. Hafeez Sheikh said that Pakistan will get additional $ 2 billion from the World Bank and the Asian Development Bank. Hafeez Sheikh said that many issues were not addressed correctly in Pakistan. He said that it is in our benefit to extract taxes from wealthy people and IMF is also saying.
Subscribers have to end the rich class. In more than a few hours, Hafiz Sheikh said that under IMF conditions, prices will increase in some areas. Electricity price will not affect consumers using 300 units. Subscribers will be subscribed to Rs 216 billion for consumers under 300 units. He said that while doing a program with IMF, it is a good opportunity to make reforms, increase revenue, collect tax, make the public prosperous.
In three years, we will bring reforms. The IMF agreement should be used for reforms and structural changes. It is expected that Pakistan will have this final package with IMF. On the other hand, the IMF announced in its release that the agreement between Pakistan and IMF will begin with the approval of the IMF executive board.
Under the agreement, Pakistan will be released in US $ 6 billion in 39 months. The statement said in the IMF that Pakistan will reduce 0.6 percent in the next budget deficit. Fixing the market value of rupees compared to the dollar will improve the financial sector. The IMF said that the government of Pakistan has assured the establishment of State Bank autonomy.
Pakistan will improve the public financing situation in the next 3 years. Pakistan will reduce debt through administrative policy by administrative reforms. The announcement in IMF has been further stated that the burden of taxes will be applicable to all sectors. By determining market rates, better resources will be allocated to the economy and the financial sector will improve.
Subscribers have to end the rich class. In more than a few hours, Hafiz Sheikh said that under IMF conditions, prices will increase in some areas. Electricity price will not affect consumers using 300 units. Subscribers will be subscribed to Rs 216 billion for consumers under 300 units. He said that while doing a program with IMF, it is a good opportunity to make reforms, increase revenue, collect tax, make the public prosperous.
In three years, we will bring reforms. The IMF agreement should be used for reforms and structural changes. It is expected that Pakistan will have this final package with IMF. On the other hand, the IMF announced in its release that the agreement between Pakistan and IMF will begin with the approval of the IMF executive board.
Under the agreement, Pakistan will be released in US $ 6 billion in 39 months. The statement said in the IMF that Pakistan will reduce 0.6 percent in the next budget deficit. Fixing the market value of rupees compared to the dollar will improve the financial sector. The IMF said that the government of Pakistan has assured the establishment of State Bank autonomy.
Pakistan will improve the public financing situation in the next 3 years. Pakistan will reduce debt through administrative policy by administrative reforms. The announcement in IMF has been further stated that the burden of taxes will be applicable to all sectors. By determining market rates, better resources will be allocated to the economy and the financial sector will improve.
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