in

The IMF is ready to relax its conditions regarding the new national budget

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have agreed to ease the implementation of the IMF’s terms in the federal budget for the next fiscal year 2020-21, due to Corona. Ready to soften.

According to the Ministry of Finance, talks are underway between Pakistan and IMF officials before the budget, in which significant progress has been made on increasing the salaries and pensions of government employees in the new financial year. Due to the Corona epidemic, the International Monetary Fund has agreed to relax conditions until the first quarter of the next fiscal year.

Pakistan has told IMF officials that electricity or gas prices will not go up until October. At the same time, Pakistan has assured the IMF that the government will not borrow from the SBP. Negotiations have agreed to maintain relief until the first quarter of the next financial year. It is proposed to increase non-tax revenue to control the budget deficit, while most of the terms of the loan program will be implemented after October.

Print Friendly, PDF & Email

READ ALSO  PM orders immediate probe into PIA plane crash
Naeem Ur Rehman

Written by Naeem Ur Rehman

Pakistan's youngest blogger and the CEO of Raabta.net. He is currently the student of BS Environmental Sciences at University of the Punjab, Lahore. He is also working as a senior advisor to Aagahi.pk, Mukaalma, and Pylon TV.

5 1 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
How to stop Bad Breath from mouth?

Why does the mouth smell? Tips to stop bad breath from mouth

Home Remedies For Sore Throat

Home Remedies For Sore Throat: This easily made drink will increase immunity, relieve sore throat