Abb Takk News

IMF Officials Meet Tomorrow To Mull On Loan Agreement With Pakistan

WASHINGTON: A crucial meeting session of Executive board of International Monetary Fund (IMF) will take place in Washington tomorrow where the gathered officials will come up with their final regarding loan agreement with Pakistan.

According to sources, the international organization is likely to have consensus on issuing the loan to Pakistan since the country has fulfilled the proposed conditions which were agreed in staff-level talks.

Sources said that Pakistan has already initiated taking steps to increase its revenue and diminish the expenditures.

Government has imposed taxes in several sectors and further plans to take significant steps regarding tax reforms, sources added.