ISLAMABAD: International Monetary Fund (IMF) urged the government of Pakistan to bring non-filers into the tax net, it is learnt here.
Sources told that an IMF delegation held the third round of talks with officials from the Ministry of Finance and the Federal Board of Revenue (FBR).
Sources said that FBR officials briefed the IMF delegation on the country’s taxation system. IMF asked the officers to ensure consolidated measures to make all non-filers accountable under tax net.
IMF had termed current economic condition ‘unsatisfactory’, during the previous two rounds of talks. State Bank of Pakistan (SBP) governor and Federal Board of Revenue (FBR) chairman holds separate meetings with IMF’s delegation.
It is important to mention here that Finance Minister Asad Umar said the visit of the IMF team had nothing to do with any bailout package.
He stressed that the uncertainty surrounding the economy would be cleared by mid-October, adding that economic reforms were the top priority of the government.