ISLAMABAD – Minister for Finance Asad Umar says Pakistan had no plan to gofor a programme with International Monetary Fund (IMF) instantly to getfresh loans.
Talking to media after addressing the business community at IslamabadChamber of Commerce and Industry in Islamabad today, Asad Umar saidPakistan is currently engaged with the IMF team who is on a visit to thecountry for review mission negotiations.
He said review talks with IMF team are a matter of routine job aftercompletion of programme.
However, he said that whenever Pakistan would need to start a new programmewith IMF, the current negotiations would act as a base for it.
Earlier, in his address to business community, Finance minister said thegovernment is working to separate the tax policy and tax connectionfunctions as part of tax reforms to facilitate the taxpayers.
Read Top Stories
He said a Tax Policy Board would be formed and business community wouldalso be given representation in that Board.
Asad Umar said that the economy is undergoing a “bypass” and would improvewith the efforts of the government.
