The International Monetary Fund (IMF) is set to conduct its third review of Pakistan's $7 billion Extended Fund Facility (EFF) later this month, as reported by ProPakistani. The review will also include discussions on the Resilience and Sustainability Facility (RSF) and the potential release of a $1 billion tranche. The Pakistani government is preparing for the IMF mission's arrival in Karachi, where meetings with the State Bank of Pakistan and business representatives are scheduled for February 26 and 27, 2026. The review will influence the fiscal framework for the 2026-27 federal budget, with Pakistan seeking to ease the tax burden on salaried individuals and the manufacturing sector. ProPakistani notes that the corporate sector has been vocal about the super tax, which has raised effective tax rates to 55-60% for higher income brackets. The government aims to negotiate with the IMF for a reduction in the Federal Board of Revenue's (FBR) tax collection targets to allow for these tax reliefs.
ECONOMY
IMF Review Mission to Pakistan for $7 Billion Program

IMF to review Pakistan's $7B EFF, discussing $1B tranche and tax reliefs. IHC suspends taxpayer data disclosure, highlighting transparency vs. privacy. FBR aims for Rs. 1,028B revenue target.
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Updated 17h agoAN