ISLAMABAD: The International Monetary Fund (IMF) on Wednesday entreated Pakistan to engage the foreign buyers professionally. During the previous meeting, the Pakistani financial team held negotiations with the IMF concerning revenue shortfall, National Fiscal Pact, circular debt of the strength area and economic area reforms. Whereas, Track and Trace System, shops scheme, SOEs reforms have been additionally mentioned for the duration of the negotiations. The international donor organisation expressed worries over the sales shortfall, National Fiscal Pact, and circular debt. Pakistan assured the IMF that it’d put in force the agreed targets. Sources revealed that the IMF demanded uniform advantage-based incentives for investors, and finishing tax exemption in Special Economic Zones. The IMF additionally urged Pakistan to offer uniform services to investors from all countries, along with the Gulf and the European international locations. The IMF delegation will meet the officers of the Special Economic Facilitation Council (SIFC) on November 15, sources stated.
