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Progress in IMF Talks, No New Taxes Planned: Finance Minister

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5 min read
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Legal Editorial Desk
Progress in IMF Talks, No New Taxes Planned: Finance Minister
Federal Finance Minister Muhammad Aurangzeb has said that negotiations between Pakistan and the International Monetary Fund (IMF) are moving forward positively. Speaking to the media, the minister confirmed that no additional tax measures are currently under consideration. Aurangzeb emphasized the government’s commitment to raising the country’s tax-to-GDP ratio to 11 percent, a key target for improving fiscal stability. He noted that talks with the IMF are ongoing and, so far, all discussions have been positive. The finance minister also highlighted that several tax-related cases are still pending in the courts. He expressed hope that progress in these cases could help boost tax collection in the coming months.
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Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

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