Times of Islamabad

IMF has a sincere advice for Pakistan government for boosting country’s economy

IMF has a sincere advice for Pakistan government for boosting country’s economy

ISLAMABAD: The International Monetary Fund (IMF) has a sincere advice forPakistan government for boosting country’s economy.

has advised Pakistan to make efforts to increase the volume of its exportsby inking Free Trade Agreements (FTA) with more countries, said NationalAssembly Finance Committee Chairman Faizullah Kamoka.

The lawmaker made the statement after the IMF mission visiting Pakistantill Feb 13 briefed the members of the finance committees of both houses ofparliament in an in-camera meeting, wherein health, education, water andsanitation and five Sustainable Development Goals (SDGs) were discussed.

Speaking to the media after the in-camera meeting, the NA committeechairman said that the government would not announce the mini-budget andadded the talks with the delegation were fruitful.

Farooq H Naik told reporters that the IMF team was briefed by the committeemembers concerning SDGs.

There are 27 SDGs, including poverty alleviation, education, health,climate change, environment as well as peace and justice. The Fund askedthe Pakistan government to do better regarding the SDGs to remain eligiblefor the Fund’s programme.

The mission also suggested that the government provide incentives toexporters as well as importers, saying that the import tariffs were high,said the lawmaker.

The visiting team was also briefed on imports and exports, sales tax inaddition to the value-added tax issues, he added.