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USD7bn EFF programme: IMF seeks 174 legislative amendments
ISLAMABAD: The International Monetary Fund (IMF) has sought around 174 legislative amendments from Pakistan under the USD 7 billion Extended Fund Facility (EFF) programme, with the government set to place the proposed changes before Parliament as formal review talks begin on Monday. The amendments cover wide-ranging reforms in taxation, energy, privatisation, the Sovereign Wealth Fund, sugar policy, Islamic banking and fiscal consolidation. Briefing the National Assembly Standing Committee on Finance, chaired by Syed Naveed Qamar, Finance Secretary Imdad Ullah Bosal said the government had mad...
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