IMF conditions in Upcoming Budget

IMF conditions in Upcoming Budget

Budget for fiscal year 2023-24 is about to come and it would be the toughest budget in the history of Pakistan as government is planning to add more conditions of International Monetary Fund (IMF) in it.

The mini-budget might be merged with 2023-24 budget, and it is expected that masses will be overburned with taxes worth Rs 680 billion. The tax relied for the protected class is also considered to be tighter.

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With regard to Inflation, tax income will also increase in Fy2023-24 budget. The budget document will be finalised in coming days.

The NEC session

The National Economic Council Session is expected to be schedule in the first week of May to discuss the points for annual plan about budget.

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The budget documents will be finalized in the end of May for getting further approval from Federal Cabinet and members of Parliament in the first week of June.

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