{"id":92410,"date":"2023-02-20T14:28:38","date_gmt":"2023-02-20T09:28:38","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=92410"},"modified":"2023-02-20T14:28:56","modified_gmt":"2023-02-20T09:28:56","slug":"imf-subsidise-low-earners-tax","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/imf-subsidise-low-earners-tax.html","title":{"rendered":"IMF asks Pakistan to subsidise low earners, tax high earners\u00a0"},"content":{"rendered":"\n<p>Karachi: The International Monetary Fund (IMF) has asked Pakistan to subsidise the low-earners and tax the high-earners so that the country\u2019s economy could regain proper functionality, according to news published in the leading newspaper on February 20.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/govt-success-imfs-9th-review.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt confident of success in IMF\u2019s 9th review<\/a><\/p>\n\n\n\n<p>IMF Managing Director Kristalina Georgieva highlighted that the foundation wants to protect the underprivileged people of Pakistan. She stated that the organisation has emphasised two things; tax revenues and fair distribution of subsidies. She mentioned that those who are earning well, whether in the public or private sector, must contribute to assist the economy. The managing director further added that the pressure should be fairly distributed by offering subsidies to those who really deserve it and the wealthy should not benefit from subsidies.&nbsp;<\/p>\n\n\n\n<p>The delegation of IMF has departed from the country after 10 days of talks after no deal was reached. The news source mentioned that both sides will stay engaged in virtual discussions to finalise the implementation details of the policies including tax measures to resume the financial assistance.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/imf-support-relief-flood-areas.html\" target=\"_blank\" rel=\"noreferrer noopener\">IMF to support relief and reconstruction of flood hit areas<\/a><\/p>\n\n\n\n<p>The IMF has given the deadline of March 1 to implement all these measures. It is important to note that Finance Minister Ishaq Dar tabled the Finance Supplementary Bill 2023. The said bill outlines that an <a href=\"https:\/\/www.zameen.com\/news\/170-bn-imf-agreement.html\" target=\"_blank\" rel=\"noreferrer noopener\">additional PKR 170 billion<\/a> should be raised in the next four and a half months. It was shared that the bulk of tax measures, worth PKR 115 billion has already been implemented from February 14 via statutory regulatory orders.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The International Monetary Fund (IMF) has asked Pakistan to subsidise the low-earners and tax the high-earners so that the country\u2019s economy could regain proper functionality, according to news published in the leading newspaper on February 20.\u00a0 Read: Govt confident of success in IMF\u2019s 9th review IMF Managing Director Kristalina Georgieva highlighted that the foundation wants to protect the underprivileged people of Pakistan. She stated that the organisation has emphasised two things; tax revenues and fair distribution of subsidies. She mentioned that those who are earning well, whether in the public or private sector, must contribute to assist the economy. The managing director further added that the pressure should be fairly distributed by offering subsidies to those who really deserve it and the wealthy should not benefit from subsidies.&nbsp; The delegation of IMF has departed from the country after 10 days of talks after no deal was reached. The news source mentioned that both sides will stay engaged in virtual discussions to finalise the implementation details of the policies including tax measures to resume the financial assistance.\u00a0 Read: IMF to support relief and reconstruction of flood hit areas The IMF has given the deadline of March 1 to implement all&hellip;<\/p>\n","protected":false},"author":83,"featured_media":87304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15020],"tags":[21797,56133],"persona":[],"class_list":{"0":"post-92410","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-social-developments","8":"tag-international-monetary-fund-imf","9":"tag-pakistan-finance-minister-ishaq-dar-on-tuesday-january-31-expressed-his-confidence-in-the-success-of-the-9th-review-for-the-release-of-loan-tranche-by-the-international-monetary-fund-imf","10":"cat-15020-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 asks to subsidise low earners, tax high earners- Zameen News<\/title>\n<meta name=\"description\" content=\"The International Monetary Fund (IMF) has asked Pakistan to subsidise the low-earners and tax the high-earners so that the country\u2019s economy.\" \/>\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-subsidise-low-earners-tax.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF asks to subsidise low earners, tax high earners- Zameen News\" \/>\n<meta property=\"og:description\" content=\"The International Monetary Fund (IMF) has asked Pakistan to subsidise the low-earners and tax the high-earners so that the country\u2019s economy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/imf-subsidise-low-earners-tax.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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