Skip to content
Breaking News

Breaking News

  • Home
  • World
  • Business
  • Health
  • Entertainment
  • Life Style
  • Sports
  • Toggle search form

IMF seeks fresh report on state-owned enterprises losses – SUCH TV

Posted on November 6, 2023 By Admin No Comments on IMF seeks fresh report on state-owned enterprises losses – SUCH TV



The International Monetary Fund (IMF) has asked Pakistan for a report on the losses incurred by state-owned enterprises.

During the ongoing talks between the two sides as part of an economic review, the Finance Ministry asked the visiting Fund delegation for time till December 2023, according to sources.

During a meeting on Monday, the IMF was presented with a preliminary report on losses to government institutions, the sources added.

However, the delegation requested a new report instead of the old statistics.

The meeting also reviewed the performance of the Central Monitoring Unit established regarding the losses of national institutions.

The sources further said that the Central Monitoring Unit team will provide the first review report to the IMF delegation. The government has assured the Fund that it will provide the new report soon.

The report about the losses to government enterprises is expected to be submitted to the IMF next month, the sources added.

Previously, the IMF asked Pakistan to share a report on the possible tax collection from all sectors during the ongoing technical-level talks between the two sides.

The Federal Board of Revenue (FBR) assured the visiting team of meeting the tax collection target of Rs9,415 billion this year. The IMF also sought a progress report on the pending tax cases from the FBR.

Officials say Pakistan has collected Rs2,748 billion in the first four months of the ongoing fiscal year. The Fund has also asked for a plan to collect the remaining Rs6,670 billion by June 2024.



Source link

Business Tags:enterprises, IMF, International Monetary Fund, Pakistan, state-owned

Post navigation

Previous Post: Lauryn Hill claps back at fans’ criticism over tardiness
Next Post: Cigna explores shedding Medicare Advantage business  | Reuters News Agency

More Related Articles

PSX to issue stock split guidelines | The Express Tribune Business
As D.E.I. Programs Come Under Attack, Companies Like Costco and Microsoft Forge Ahead Business
How To Make UPI Payments Through IDFC First Bank Rupay Credit Card – News18 Business
UK lawmakers approve rescue of British Steel in emergency parliamentary session – Times of India Business
Govt set to pay $27.5b debt by Nov | The Express Tribune Business
A PGA Tour Director’s Exit Casts a Pall Over Proposed Saudi Deal Business

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • North Korea’s Kim cuts tape at coastal tourist site; foreigners not yet welcome
  • Seales, Shamar star as West Indies dominate Australia in Barbados on Day 1
  • Can A Vegan Diet Boost Sperm Health? Fertility Expert Wants You To Know THIS
  • Aurangzeb expresses satisfaction over improved economic signs – SUCH TV
  • Jeff Bezos and Lauren Sánchez’s wedding invite slammed over ‘ugly’ design

Categories

  • Business
  • Entertainment
  • Health
  • Life Style
  • Sports
  • World

Copyright © 2025 Breaking News.

Powered by PressBook Blog WordPress theme