President Alvi appreciates the efforts of Govt for negotiating an agreement with the IMF

ISLAMABAD, Feb 14 (SABAH): Federal Minister for Finance and Revenue, Senator Muhammad Ishaq Dar, called on President Dr. Arif Alvi on Tuesday and apprised him about the progress in talks with the International Monetary Fund (IMF) and that all modalities have been agreed upon.

President Dr. Arif Alvi appreciated the efforts of the Government for negotiating an agreement with the IMF, and assured that the state of Pakistan would stand by the commitments made by the Government with the IMF.

The Minister informed that the Government wanted to raise additional revenue through taxes by promulgating an ordinance. The President advised that it would be more appropriate to take the Parliament into confidence on this important subject, and that a session be called immediately so that the bill is enacted without delay.