Govt caves into IMF demand, sets income tax rate of 2.5% for those earning up to Rs100,000 a month and 35% on Rs1m

Will include people who do not stay in foreign country for six months in tax net

Finance minister says inflow is expected within a couple of days, thanks the Chinese govt for facilitating transaction

Cabinet approves floating domestic, international Sukuk

Budget sized increased by Rs400b to Rs9.9tr

Finance minister says deal with global lender expected in day or two

Also seeks other measures to bridge gap with IMF by end of month

FATF acknowledges Islamabad completed action plans, covering 34 items

Miftah, Aisha met Donald Blome, apprise him of govt actions

Also seeks changes to proposals that will cut tax receipts from real estate