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Pakistan's macroeconomic outlook favourable: IMF

16 Jan '16
3 min read


They welcomed the additional measures taken to close the revenue shortfall and encouraged comprehensive, front-loaded reforms to mobilize revenue, including by base-broadening, streamlining concessions and exemptions, improving tax compliance, and enhancing coordination with provincial tax authorities. At the same time, Directors saw a need to continue strengthening frameworks for public debt and financial management, further reducing energy subsidies, and restructuring or privatizing loss-making public enterprises. (SH)

ALCHEMPro News Desk - India

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