Peshawar (Manend News) Agreement’s pre condition with IMF fulfilled by Khyber Pakhtunkhwa Government: Special Assistant for Revenue, Pir Haroon Shah. The Special Assistant for Revenue to the Chief Minister of Khyber Pakhtunkhwa has confirmed the fulfillment of all conditions and requirements of the expected agreement with the International Monetary Fund (IMF) by the Khyber Pakhtunkhwa Government.
In a statement issued from his office on Friday, the Special Assistant for Revenue, Pir Haroon Shah, said that the financial crisis has affected the entire Pakistan, especially Khyber Pakhtunkhwa, but the provincial government is making efforts to control all unnecessary expenditures, with visible results. He stated that a condition related to General Sales Tax (GST) was imposed by the IMF, which was approved by the provincial cabinet yesterday, and now it is hoped that an agreement with the IMF will be reached at the federal level. He further stated that the province is expected to benefit from the implementation of the relevant tax, amounting to billions of rupees.
Regarding increasing revenue of departments, the Special Assistant for Revenue, Pir Haroon Shah, said that it is the urgent need of the time to increase the revenue of all departments in Khyber Pakhtunkhwa and sustain it on a stable basis. In this regard, all options are under consideration at the level of the Revenue Department, as services need to be made possible in accordance with the demands of the modern era. He stated that instructions have been issued to the Revenue Department to eliminate unnecessary expenditures. Public taxes will only be spent on public services.