Pakistan’s Parliament to Pass IMF-Linked Tax Bill Next Week

Pakistan’s parliament will next week vote on a tax law seeking to increase the South Asian nation’s revenues in line with conditions set by the International Monetary Fund for the resumption of its $6 billion loan program.

• The parliament’s lower house, or National Assembly, will meet Jan. 10 and take up the IMF-compliant Finance (Supplementary) Bill, 2021, Information Minister Fawad Chaudhry said at a press briefing Thursday
• “The finance bill will be passed in the second week of January,” he said
• The government of Prime Minister Imran Khan is seeking to increase taxes, as also boost the central bank’s autonomy ...