Tax base, social safety: IMF EDs hail government initiatives

Adviser to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh and State Bank of Pakistan (SBP) Governor Reza Baqir have an interactive session with the executive directors of the International Monetary Fund (IMF) from G-7 countries (ie, the United States, United Kingdom, France, Canada, Italy, Japan and Germany), China, Russia and Switzerland, in their recent visit to Washington.
They apprised the EDs of the ongoing reform process under the IMF Programme in Pakistan and the government''s strong commitment to its successful implementation. The IMF Board Members shared their thoughts and appreciated the government''s resolve to stabilize and revive the economy, says a press release issued here Friday. They also appreciated the government''s focus on social safety programs for the vulnerable segments and measures taken for curtailing expenditure and broadening of the tax base in the recent budget.-PR