Lender proposes lowering power tariffs strategy
KSE-100 index surges 641.51 points, settles at 66,547.79
Commits to govt target of June 2024 for sell-off, aims to fetch $250-300m
While digitalisation is imperative across all depts, it is most critical for FBR
PM can say no to new IMF loan, start domestically owned ‘Reform and Growth Programme’
Political parties will resist such measures as they disrupt free lunches and lavish spending
It will generate more revenue, raise tax-to-GDP ratio
Dr Ashfaque Hasan Khan warns against IMF dependency, calls for domestic reforms
There is also a proposal to gradually increase excise duty on luxury items produced in Pakistan
Minister says US ‘very supportive’ in the matter