Islamabad: Important negotiations between Pakistan and the International Monetary Fund (IMF) regarding the budget for the fiscal year 2025-26 have entered the final stage. The Pakistani government has submitted a detailed plan to the IMF to generate revenue from alternative sources to create space for public relief in the budget.

According to reliable sources, the government has proposed reduction in super tax, real estate, and relief for the salaried class in the upcoming budget, while the IMF has been asked to accept alternative revenue sources in return for these measures.

IMF cautious approach, but talks ongoing
Although the IMF has adopted a cautious approach to these relief measures and there was no immediate agreement on many proposals, the talks are continuing in a constructive manner. The IMF has emphasized sustainable measures to reduce provincial expenditures, tax on agricultural income, and maintain a balance in revenue.

Public interest first: Government’s blunt stance
Public relief efforts: Pakistan submits alternative revenue plan to IMF
Islamabad: Important negotiations between Pakistan and the International Monetary Fund (IMF) regarding the budget for the fiscal year 2025-26 have entered the final stage. The government of Pakistan has submitted a detailed plan to generate revenue from alternative sources to create space for public relief in the budget before the IMF.

According to reliable sources, the government has proposed a reduction in super tax, real estate, and relief for the salaried class in the upcoming budget, while the IMF has been asked to recognize alternative revenue sources in exchange for these measures.

IMF’s cautious approach, but negotiations ongoing
Although the IMF has adopted a cautious approach to these relief measures and there was no immediate agreement on many proposals, the negotiations are continuing in a constructive manner. The IMF has emphasized sustainable measures to reduce provincial expenditures, tax on agricultural income, and maintain a balance in revenue.

Public interest comes first: Government’s blunt stance
The government’s economic team has assured the IMF that it is balancing public relief and economic stability

The government’s economic team has assured the IMF that it is balancing public relief and economic stability