The IMF's mission is scheduled for May 2026, coinciding with the Spring Meetings in Washington, D.C., where Pakistan will also participate. Finance Minister Aurangzeb has initiated discussions with the Pakistan Business Council and the Overseas Investors Chamber of Commerce and Industry to gather input on the budget. The proposed tax collection target of Rs. 15.564 trillion is ambitious, especially considering the government's concerns that the current fiscal year's target of Rs. 13,979 billion may not be met.
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IMF Mission to Pakistan for FY2026-27 Budget Finalization
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The International Monetary Fund (IMF) is set to send a mission to Pakistan next month to assist in finalizing the federal budget for FY2026-27, with a proposed tax collection target of Rs. 15.564 trillion. Finance Minister Muhammad Aurangzeb is leading consultations with various stakeholders to address concerns over rising logistics costs and tax reforms. The outcome of these discussions is critical for Pakistan's fiscal planning amid ongoing economic challenges.
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