Neither the mini-budget nor general sales tax will be imposed on petroleum products, agreed in the talks with the IMF

Islam Abad (94 news) Pakistan and International Financial Institutions (IMF) Important points have been agreed.

According to the sources, the talks between the IMF mission and the economic team of the government today 2 Faraway, Pakistan and the IMF have agreed that there will be no mini-budget and no general sales tax on petroleum products. According to the sources, the government's economic team assured the IMF to collect the agricultural tax from next year.

The IMF mission was briefed on gross financing and debt maturity, with detailed discussions on domestic debt during the negotiation sessions. Officials from the Ministry of Finance briefed the IMF mission on local debt, to which the IMF mission raised no objection. In the briefing, the economic team said that the government is gradually reducing local debt while also extending the repayment period. FBR officials briefed the IMF mission on improvement in revenue collections following government-wide digitization and artificial intelligence initiatives.