Income tax collection target increases, indirect tax targets reduced.

Pakistan reaches agreement with IMF for release of sixth tranche of emergency $11 billion loan.

Fiscal deficit target set at 4.7 per cent of GDP, RGST bill to be presented during parliament’s current session.

Pakistan assures international donors that five bills will be presented in federal and provincial assemblies.

Pakistan had earlier rejected propositions to channel funds from other projects.

Federal govt starts implementation of new power tariff policy under conditions laid down by IMF.

Tranche worth $1.3 billion contingent upon delegation’s report.

Donor expresses concern over failure to implement RGST and eliminate power subsidies.

50% GST discount on sugar to be repealed, taxable value to increase.

Minister for Finance Dr Abdul Hafeez Shaikh announces set of upcoming economic reforms for private sector development.