IMF underscores the need for mass scale Tax Reforms

Teressa Daban Sanchez of IMF has asked GoP to embark upon massive tax reforms without indulging in further delays.
These are the key notings of the observations and directives :

1- GoP should reduce subsidies or incentives on Taxes

2- PKR must be Rupee strengthened against dollar

3- Pakistan must comply with FATF conditions

4- GoP must work to reduce Debt and guarantees which has exceeded 90% of the GDP

5- Pakistan must meet the five conditions of IMF loan which include: Economic sustainability, Pakistan has to increase tax collection, and halt tax evasion

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