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The global ratings agency Fitch on Wednesday said that the federal budget for fiscal year (FY) 2025 “strengthens prospects for an IMF deal”. The government presented the budget for the next year on June 12, which contained an ambitious tax revenue target of Rs13 trillion rupees ($47 billion) for the year starting July 1, a near-40 per cent jump from the …
Read More »Budget strengthens prospects for IMF deal: Fitch
June 19, 2024