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IMF is not friendly- Shaukat Tareen

Finance Minister Shaukat Tareen has said that the attitude of IMF is not friendly with Pakistan, IMF wants immediate increase in electricity and gas tariffs. Speaking on the budget at a meeting of the Senate Standing Committee on Finance, Finance Minister Shaukat Tareen said that the Finance Bill removed the power to arrest an inland revenue officer, who would be a tax evader, under the chairmanship of the Finance Minister. A three-member committee will be constituted, the harassment role of FBR will be abolished, 7.5 million people have obtained information of non-taxpayers to whom notices will be sent soon and tax audit of taxpayers will also be done by a third party. The finance minister told the committee members that the IMF’s attitude was not friendly with Pakistan. The IMF wants all targets, including an increase in electricity and gas tariffs, to be met immediately, which would lead to higher…

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