{"id":60986,"date":"2020-02-05T10:25:42","date_gmt":"2020-02-05T10:25:42","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=60986"},"modified":"2020-02-05T10:25:43","modified_gmt":"2020-02-05T10:25:43","slug":"imf-asked-lower-tax-collection-target-pakistan","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html","title":{"rendered":"IMF asked to lower tax collection target"},"content":{"rendered":"\n<p>Islamabad: The federal government recently reached out to the International Monetary Fund (IMF) to lower the tax collection target that had been set for the country, a news source reported. As per the publication, during the second review talks, the government informed the IMF that it could not collect more than PKR 4.7 trillion in taxes \u2014 however, the IMF kept stressing that the Federal Board of Revenue (FBR) should still aim for a collection of PKR 5.238 trillion.<\/p>\n\n\n\n<p><strong>Read<\/strong>:<a href=\"https:\/\/www.zameen.com\/news\/imf-sets-7-new-targets-for-the-third-quarter.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" IMF sets 7 new targets for the third quarter (opens in a new tab)\"> IMF sets 7 new targets for the third quarter<\/a><\/p>\n\n\n\n<p>The monetary authority further advised the government to\nimmediately adopt additional revenue measures. On the other hand, as per a Ministry\nof Finance source, the request to lower the target comes following the\ncountry\u2019s political instability and tough economic conditions affecting almost\nevery household. <\/p>\n\n\n\n<p>If the ongoing review talks remain successful, and the government\u2019s mini-budget is approved aherad of the next IMF board meeting, then the international body may approve the third <a href=\"https:\/\/www.zameen.com\/news\/second-imf-tranche-received-reserves-soar-usd-18-bn.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">loan tranche<\/a> in March. This loan would be worth USD 450 million.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/imf-review-notes-pakistans-positive-macro-economic-performance.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"IMF review notes Pakistan\u2019s positive macro-economic performance (opens in a new tab)\">IMF review notes Pakistan\u2019s positive macro-economic performance<\/a><\/p>\n\n\n\n<p>According to the information available, the presentation of\nthe mini-budget may become a prerequisite for calling the board meeting \u2014 given\nthat both sides approve a new tax collection target for FBR. Reportedly, the\nauthorities concerned were currently considering additional revenue measures\nworth PKR 200 billion. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The federal government recently reached out to the International Monetary Fund (IMF) to lower the tax collection target that had been set for the country, a news source reported. As per the publication, during the second review talks, the government informed the IMF that it could not collect more than PKR 4.7 trillion in taxes \u2014 however, the IMF kept stressing that the Federal Board of Revenue (FBR) should still aim for a collection of PKR 5.238 trillion. Read: IMF sets 7 new targets for the third quarter The monetary authority further advised the government to immediately adopt additional revenue measures. On the other hand, as per a Ministry of Finance source, the request to lower the target comes following the country\u2019s political instability and tough economic conditions affecting almost every household. If the ongoing review talks remain successful, and the government\u2019s mini-budget is approved aherad of the next IMF board meeting, then the international body may approve the third loan tranche in March. This loan would be worth USD 450 million. Read: IMF review notes Pakistan\u2019s positive macro-economic performance According to the information available, the presentation of the mini-budget may become a prerequisite for calling the board meeting&hellip;<\/p>\n","protected":false},"author":68,"featured_media":60548,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[17894,2232,11728,17895,6385],"persona":[],"class_list":{"0":"post-60986","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-details-on-imf-asked-to-lower-tax-collection-target","9":"tag-economy","10":"tag-imf","11":"tag-imf-loans","12":"tag-tax-collection","13":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IMF asked to lower tax collection target - Zameen News<\/title>\n<meta name=\"description\" content=\"The federal government recently reached out to the International Monetary Fund (IMF) to lower the tax collection target.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF asked to lower tax collection target - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The federal government recently reached out to the International Monetary Fund (IMF) to lower the tax collection target.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-05T10:25:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-05T10:25:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/goP-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Safina Sultan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Safina Sultan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IMF asked to lower tax collection target - Zameen News","description":"The federal government recently reached out to the International Monetary Fund (IMF) to lower the tax collection target.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html","og_locale":"en_US","og_type":"article","og_title":"IMF asked to lower tax collection target - Zameen News","og_description":"The federal government recently reached out to the International Monetary Fund (IMF) to lower the tax collection target.","og_url":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2020-02-05T10:25:42+00:00","article_modified_time":"2020-02-05T10:25:43+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/goP-2.png","type":"image\/png"}],"author":"Safina Sultan","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Safina Sultan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html"},"author":{"name":"Safina Sultan","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/0f7ad58ef43a9c16d70bfd31d586f512"},"headline":"IMF asked to lower tax collection target","datePublished":"2020-02-05T10:25:42+00:00","dateModified":"2020-02-05T10:25:43+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html"},"wordCount":230,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/goP-2.png","keywords":["details on IMF asked to lower tax collection target","economy","IMF","IMF loans","tax collection"],"articleSection":["Legal &amp; Taxation"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html","url":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html","name":"IMF asked to lower tax collection target - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/goP-2.png","datePublished":"2020-02-05T10:25:42+00:00","dateModified":"2020-02-05T10:25:43+00:00","description":"The federal government recently reached out to the International Monetary Fund (IMF) to lower the tax collection target.","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/goP-2.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/goP-2.png","width":1170,"height":400,"caption":"The Government of Pakistan"},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/imf-asked-lower-tax-collection-target-pakistan.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"IMF asked to lower tax collection target"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/0f7ad58ef43a9c16d70bfd31d586f512","name":"Safina Sultan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/41ef23ce0eab3597842e7f43d50bc919f73ac1f4e11afa5f19ca36f6e55f832f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/41ef23ce0eab3597842e7f43d50bc919f73ac1f4e11afa5f19ca36f6e55f832f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/41ef23ce0eab3597842e7f43d50bc919f73ac1f4e11afa5f19ca36f6e55f832f?s=96&d=mm&r=g","caption":"Safina Sultan"},"description":"Safina Sultan is a Content Developer at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/safina"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/60986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/68"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=60986"}],"version-history":[{"count":2,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/60986\/revisions"}],"predecessor-version":[{"id":60997,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/60986\/revisions\/60997"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/60548"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=60986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=60986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=60986"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=60986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}