Govt of Pakistan is taxing the rich and helping the poor, IMF MD said


Washington: The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that Pakistan's economy is going in the right direction.
IMF Managing Director Kristalina congratulated the government and the people of Pakistan on the approval of the loan program and that the government of Pakistan is helping the poor by taking taxes from the rich.
Christina Georgieva further said in the statement that the economy of Pakistan is going in the right direction. The government of Pakistan is taxing the rich and helping the poor while economic growth is increasing.
Inflation is decreasing in Pakistan. Pakistan has made reforms due to which the economy has improved, she added.
It is pertinent to note that IMF has approved a $7 billion loan programme for Pakistan. The approval came at the meeting of the executive board of the global lender.

Court issues non-bailable warrants for CM Gandapur
- 2 hours ago
Sheikh Hasina sentenced to 6 months for contempt of court in Bangladesh
- 3 hours ago
Karachi gas explosion: 7 injured including children
- 3 hours ago

SC decision: ECP issues notification to restore reserved seats
- 4 hours ago
Father murders son over association with transgender individuals in Karachi
- 41 minutes ago
Iran confirms damage to nuclear site after US strikes
- 2 hours ago

PDMA issues alert over rising water levels in Punjab’s rivers
- 2 hours ago

US dollar gains in interbank and open markets
- 2 hours ago

PSX rallies for second consecutive day in new fiscal year
- 3 hours ago

Taxes on more than 40 items reduced
- 4 hours ago
Trump confirms progress on Gaza ceasefire deal
- 3 hours ago
Gold prices decline amid global market downturn
- 2 hours ago