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Pakistan Begins Policy-Level Budget Talks with IMF, Proposes Tax Relief and Growth Targets
Pakistan kicks off policy-level budget talks with IMF, aiming for tax relief on imports, exports, and salaried class. Economic growth targets set at 4.4% for FY 2025-26. Final proposals expected by May 22.
ND
by News Desk
2025-05-19
Pakistan Begins Policy-Level Budget Talks with IMF, Proposes Tax Relief and Growth Targets

Following the completion of technical discussions, Pakistan has entered the policy-level budget talks with the International Monetary Fund (IMF) to finalize the framework for the upcoming fiscal year 2025-26.

During the talks, Pakistan is presenting proposals focused on reducing the tax burden on imports and exports, providing relief to the real estate sector, and easing taxes on the salaried class. These measures are aimed at stimulating economic growth while addressing public concerns over taxation.

According to informed sources, Pakistan has set an ambitious economic growth target of 4.4 percent for the next fiscal year. The agricultural and industrial sectors have proposed growth targets of 4.8 percent each, while the services sector aims for a 4.3 percent expansion.

In line with the Prime Minister’s directives, the Federal Board of Revenue (FBR) is expected to work towards offering income tax relief to taxpayers. Final decisions on all budget proposals are anticipated to be concluded by May 22.

These developments reflect the government’s commitment to balancing fiscal discipline with economic growth and social relief as Pakistan navigates complex financial challenges and seeks sustainable progress.

 
Tagged:

IMF

PakistanEconomy

Budget2025

TaxRelief
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