The proposed target for the Federal Board of Revenue (FBR) for next fiscal year is reportedly Rs 5.1 billion which is the same given in the IMF projection. Further, total expenditure given at Rs 10.3 trillion in the IMF's document is identical to the proposal of Ministry of Finance. When Business Recorder posted this question to the IMF official, she replied, "As per Fund's policy our communication focuses only on outcomes." She further stated that "for the time being, the only thing I could share is that discussions are taking place, as specified in my quote above. The discussions are guided by the authorities' renewed commitment to implement the policies and reforms in the existing EFF, which will help support the recovery and strengthen Pakistani economy's resilience."

Copyright Business Recorder, 2020