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Money budget or 300 billion new tax? The decision will be made today


ISLAMABAD (Web Desk') Policy-level talks between the government and the IMF delegation will begin on Monday, with the decision to bring in a mini-budget or impose additional 300 billion new taxes. According to media reports, the sixth round of talks will begin in the Finance Ministry from Monday morning following a two-day break between the IMF Review Mission and the government team visiting Pakistan. The talks will consist of three sessions in which the Pakistani delegation will be headed by the Secretary of the Treasury. Proposals will be reviewed at the policy level negotiations to achieve government goals, regulatory bodies Nipra and OGRA will be reviewed on condition of their independence. Talks will review the proposals to increase the price of electricity gas, a new slab for the power sector is likely to be introduced, while a revision tax target will be set for the FBR as well. To discuss new tax and tax rate hikes Details of the sale will be provided while instructions for speeding up the privatization program will also be issued. According to sources, IMF documents have been exchanged at the technical level talks, the State Bank has announced exchange rates and interest rates. The data is provided to the IMF, after the talks, the third installment of $ 45 million will be decided by Pakistan. Apart from this, there will also be a follow-up meeting with the FBA on the budget and other measures. Monthly performance of the first seven months of the current financial year will be reviewed and revenue measures and targets set. Will. Proposals to increase electricity and gas prices will also be reviewed.

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