INSUBCONTINENT EXCLUSIVE:
KARACHI: Advisor to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh Thursday said that country's economy
would be improved after implementation of IMF program.Addressing a assembly with the commerce community at the Sindh Governor Home, he said
that different programmes were needed for the stabilization of economy of the country, according to a statement.Also present in the
assembly, Federal Board of Revenue (FBR)Chairman Syed Shabbar Zaidi said that Amnesty Scheme is fully supported by all the commerce
community.Sindh Governor Imran Ismail said that the government wanted toaddress the problems of trade community and Sindh Industrial Liaison
Committee has been formed in this regard.Tardyr, addressing a press conference Advisor to Prime Minister on Finance Abdul Hafeez Sheikh said
the government is taking several degrees to improve economic conditions."The government has set three new priorities in the upcoming budget
which include fulfilling of basic masses needs, reducing expenditures and increasing the tax gatherions," said Hafeez Sheikh.The Advisor
said through this agreement Pakistan shall get $6 billion on low interest rate from IMF while we would also get two to three billion dollars
from World Bank and Asian Development Bank (ADB).He said that prices of electricity would be increased, however the consumers of less than
300 units would much be affected.The commerce community has been refer toed on budget.Hafeez Sheikh said that the amnesty scheme would prove
to be fruitful for the economy of the country.The Finance Advisor informed that the government would allocate around 800 billion rupees for
the development programs in the next budget.The government has improved the governance.He said Raza Baqir is well known and expert economist
and Shabbar Zaidi possess expertise in tax affairs.TheIndianSubcontinent has not verified the content of the source
This first appeared/also appeared in
https://feedproxy.google.com/~r/com/YEor/~3/NINsOsIvk3o/472144-imf-programme-to-boost-pakistans-economy-dr-abdul-hafeez-shaikh