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The schedule of negotiations between Pakistan and the IMF on the new loan program has been decided – Business & Economy

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

The schedule of negotiations between Pakistan and the International Monetary Fund (IMF) on the new loan program has been fixed while the IMF mission will arrive in Pakistan on May 15.

According to the sources, following Pakistan has successfully completed the short-term loan program of 3 billion dollars, the schedule has been fixed between Pakistan and the International Monetary Fund (IMF) for negotiations on the new loan program.

According to the sources, the IMF mission will arrive in Pakistan on May 15 to discuss the new loan program. The parties will first have technical and then policy level talks. Pakistan has already applied to the IMF for the new loan program. has given

Sources in the Ministry of Finance say that the new loan program may be 6 to 8 billion dollars and the duration may be 3 years or more.

Pakistan has controlled inflation, government spending, reduced revolving credit, IMF

Sources say that it is inevitable to go to the new IMF program, increasing debt and debt repayment is a big challenge, it is necessary to stay in the IMF program till the increase in exports and local resource generation, to keep balance payments and reserves stable. It has been decided to go into the new program of the IMF.

According to the sources, the government will have to take more tough decisions to increase the prices of electricity and gas, increase the scope of taxes, and privatize loss-making institutions.

Under these measures, students’ driving licenses will be processed and delivered directly to their institutions, while residents above 70 years of age in the federal capital will be issued their licenses at their homes.

Mohsin Naqvi also attended the inauguration ceremony of “Islamabad Traffic Police Facilitation on Wheels” and “Islamabad Traffic Police Education on Wheels” at Islamabad Traffic Police Headquarters on Monday.

Mohsin Naqvi’s actions made the process of getting a driving license easier

Additionally, he unveiled a mobile license and learning van operated by Islamabad Traffic Police at F9 Park.

The Interior Minister promised to ensure availability of parking in all commercial areas of Islamabad.

Minors driving were barred from appearing in courts

He also announced strict action once morest those commercial centers which do not have adequate parking facilities.

#city #driving #license #Islamabad #Pakistan
2024-05-02 15:55:39

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Orders issued to block names of non-filers – Pakistan

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

The Federal Board of Revenue (FBR) has taken a major step once morest non-tax filers and issued orders to block their accounts.

The federal government has stepped up measures to increase revenue and work is being done on an emergency basis to trace tax defaulters.

6 lakh 6 thousand 671 tax defaulters have been identified by the Federal Board of Revenue (FBR) of the federal government.

FBR has issued an order that the mobile phones of these 6 lakh 6 thousand 671 people should be blocked.

500,000 SIMs will be closed soon, electricity connection is also feared

After the orders of the Federal Board of Revenue, these people will no longer be able to use their mobile phone SIM.

The FBR says that more than 66,000 identified individuals are eligible to file income tax returns but are not paying tax.

According to FBR, all these people are not included in the active tax payer list of Federal Board of Revenue due to which their connections can be closed at any time and instructions have been issued to PTA in this regard.

Rs 200 fine for abandoning mobile SIM usage, what is the reality?

FBR has mandated PTAs and telecom companies to submit the implementation report by May 15.

It should be noted that the government is determined to collect maximum revenue due to the current economic difficulties. In the past few days, the Prime Minister had issued OSD to 12 FBR officers involved in corruption and also issued inquiry orders once morest them.

#Orders #issued #block #names #nonfilers #Pakistan
2024-05-02 11:45:17

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First round of Pakistan-US talks complete, talks on bilateral relations and security issues – Pakistan

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

The first round of Pakistan-US talks was completed at the Foreign Office, bilateral relations, regional situation and security issues were discussed in the talks.

According to diplomatic sources, talks on mutual relations between Pakistan and the United States are ongoing, in this regard, a high-level delegation of the United States is also present in Pakistan.

Sources say that this is the first high-level American delegation to visit Pakistan following the current government assumed power.

Sources said that the first round of Pakistan-US talks was completed at the Foreign Office, the US delegation was led by Acting Under Secretary for Political Affairs John Bass, US Ambassador Donald Bloom also participated in the talks.

The prime minister’s response to Joe Biden’s letter gives key importance to relations with the United States

According to diplomatic sources, a detailed assessment was made in the talks to improve the relations between Pakistan and America, while the regional situation and security issues are also under consideration in the talks between the two countries.

According to diplomatic sources, the American delegation arrived in Pakistan from Doha on Sunday night. This delegation, which is meeting with the Pakistani authorities, consists of 3 members, which will return tonight.

Earlier, US Acting Under Secretary for Political Affairs John Bass arrived in Islamabad yesterday on a 2-day visit, the purpose of his visit is to discuss bilateral relations and common regional security interests.

John Bass will be the first senior US official to visit Islamabad following the February 8 elections.

In a statement, the US State Department said Under Secretary John Bass’ agenda includes meetings with senior Pakistani officials to address regional and bilateral issues under the US-Pakistan Partnership Framework.