Ishaq Dar refutes media reports of new taxes due to IMF

News Image

MG News | July 22, 2023 at 10:41 PM GMT+05:00

0:00

July 22, 2023 (MLN): The tax measures that the International Monetary Fund’s (IMF) Letter of Intent (LoI) referred to were already in place by the end of June 2023, according to Finance Minister Senator Muhammad Ishaq Dar.

Ishaq Dar took it to twitter to clarify the recent media reports that new taxes would be introduced on the agriculture and construction sectors due to strict conditions put forward by the IMF.

He tweeted today, “I gave a recent explanatory statement in the National Assembly which was meant to dispel the impression that the government will impose new taxes on the agriculture and construction sectors under the IMF agreement.”

“This explanatory statement is being misinterpreted,” he clarified.

?? ????? ?? ?? ?? ??? ?? 30 ??? 2023 ?? ??? ??? ????? ?? ??? ???? ??? ?? ????? ???? ??? ???? ???? ????? ?? ??? ? ?? ??? ????? ?? ???? ?? ?? ???? ???? ?? ?? ???? ????? ???? ????? ??? ??? ?? ?? ????? ???? ???

— Ishaq Dar (@MIshaqDar50) July 22, 2023

Ishaq Dar stated that not even a single new tax will be imposed, neither on agriculture nor on construction sectors because of the nine-month Stand-by Arrangement (SBA) with the IMF.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 136,469.94
122.93M
0.39%
530.07
ALLSHR 84,714.44
360.42M
0.13%
114.06
KSE30 41,599.21
44.30M
0.55%
225.53
KMI30 191,270.29
42.66M
0.10%
200.32
KMIALLSHR 55,739.58
161.40M
0.00%
1.51
BKTi 38,188.58
11.58M
-0.78%
-301.17
OGTi 27,709.17
4.93M
-0.28%
-78.98
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,535.00 118,635.00
117,255.00
1795.00
1.54%
BRENT CRUDE 68.82 69.09
68.80
0.11
0.16%
RICHARDS BAY COAL MONTHLY 96.50 96.50
96.50
0.50
0.52%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.25
-2.05
-1.92%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.78 67.01
66.71
0.26
0.39%
SUGAR #11 WORLD 16.56 16.61
16.25
0.26
1.60%

Chart of the Day


Latest News
July 16, 2025 at 12:35 PM GMT+05:00

ISL Cement sector eyes 19% YoY jump in 4QFY25 earnings


July 16, 2025 at 12:25 PM GMT+05:00

Fertilizer offtake jumps 11% YoY in June 2025


July 16, 2025 at 12:07 PM GMT+05:00

Pakistan removed from the UK’s Air Safety List


July 16, 2025 at 12:04 PM GMT+05:00

Saudi Riyal available at PKR 77.2 in open market



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg