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Tag Archives: NA passes tax-laden budget ahead of talks on fresh IMF loan

NA passes tax-laden budget ahead of talks on fresh IMF loan


June 28, 2024

The National Assembly on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new International Monetary Fund (IMF) bailout as it seeks to avert a debt default for an economy growing at the slowest pace in South Asia. The government presented the tax-loaded budget two weeks ago, drawing sharp criticism from opposition parties, especially the PTI, as well as coalition ally …

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