No new exemptions for EV sector, Fund insists on standard taxation

The global lender raised objections to tax concessions under the country’s EV policy

Authorities are directed to collect tax on total supply, not net metering.

The talks will continue until March 15 and will play a key role in shaping the country’s 2025-26 fiscal policies.

Finance Minister Aurangzeb earlier said Pakistan expects $1-1.5 billion in climate funding.

IMF will send a team to Pakistan in late February to review climate financing arrangements.

The plan aims to address the issue of circular debt.

$1b climate funding talks with IMF next week

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Companies import solar panels duty-free from China, make payments to other countries