“Pakistan has no bankruptcy threats” was mentioned in a press conference by the Information Minister, Maryam Aurangzeb.
The finance minister has said that the deal with the International Monetary Fund (IMF) over budgetary measures for the next fiscal year 2022-23 has been closed.
He revealed that he would close the federal budget for the next fiscal year 2022-23 tomorrow with his closing speech in the National Assembly.
Miftah said that the indirect taxes haven’t been imposed on the consumption of goods on which countries earn more tax.
He blamed the previous Imran Khan-led government for burdening the masses by enforcing several taxes on consumption.
The finance minister said that the coalition government this time has imposed taxes on the rich, adding that another 1% supertax would be imposed on people earning more than Rs150 million, 2% on income of more than Rs200 million, 3% on people earning more than Rs250 million and 4% on income of more than Rs300 million for a year.
Miftah Ismail also said that after the IMF loan confirmed, now Pakistan has no bankruptcy threats. Pakistan has no bankruptcy threats
“If this is an IMF budget, then who has tied us with the IMF?” she asked while alleging that the PTI government during its four-year rule had taken the country towards a default.
The PTI, she said, was still willing to create anarchy in the country after leaving its economy on ventilator. Pakistan has no bankruptcy threats
