Clearing up speculations about the visit of the International Monetary Fund (IMF) mission to Pakistan, Finance Minister Muhammad Aurangzeb said there were no surprises as “we shared the country’s economic road map” with officials of the international financial institution.
The minister made these remarks while addressing a press conference following the conclusion of a visit by IMF’s mission — led by Nathan Porter from November 12 to 15.
“They [IMF] didn’t say anything that we were not aware of already […] there were no surprises,” Aurangzeb said, adding that he welcomed the Fund mission’s visit.Play Video
Since the visit was not anticipated, there were reports that the global lender’s visit would mean that the federal government would have to roll out a mini-budget.
However, Aurangzeb — while talking to Geo News earlier — dismissed the possibility and also denied reports of additional tax measures.
In a statement issued a day earlier, the global lender said it has urged Pakistan to broaden its tax base by targeting untapped revenue sources — as the country grapples with challenges in expanding its tax collection.
