Islamabad: Negotiations between Pakistan and the International Monetary Fund (IMF) for the next tranche of the loan program are ongoing.
According to sources, officials from the IMF, Federal Board of Revenue (FBR), and Benazir Income Support Programme (BISP) are participating in the discussions.
Sources indicate that the FBR has informed the IMF about its plan to bridge the tax shortfall of Rs 605 billion, assuring that no mini-budget will be introduced to cover the deficit.
To address the shortfall, pending tax cases in courts will be expedited, and the government has assured full cooperation in resolving tax-related litigations.
Sources further reveal that the Chief Justice of Pakistan has also approved the request to fast-track hearings of tax cases.
