{"id":506108,"date":"2025-10-02T00:31:42","date_gmt":"2025-10-01T19:31:42","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=506108"},"modified":"2025-10-02T00:31:42","modified_gmt":"2025-10-01T19:31:42","slug":"talks-with-imf-progressing-positively-finmin","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/talks-with-imf-progressing-positively-finmin\/","title":{"rendered":"Talks with IMF progressing \u2018positively\u2019: FinMin"},"content":{"rendered":"<p>Finance minister rules out immediate additional measures despite FBR facing tax shortfall<br \/>\n ISLAMABAD<br \/>\nFinance Minister Muhammad Aurangzeb on Wednesday expressed satisfaction with the pace of the government\u2019s talks with the International Monetary Fund (IMF), saying the negotiations were progressing \u201cpositively\u201d.<br \/>\nSpeaking to the media in Islamabad, the finance minister stated that the government was confident of boosting Pakistan\u2019s tax-to-GDP ratio to 11%.<br \/>\nMentioning several pending tax-related cases in courts, he hoped that such cases would increase the Federal Board of Revenue\u2019s (FBR) collections.<br \/>\nThe FBR faced a shortfall of Rs1.2 trillion against its original target of Rs12.97 trillion for fiscal year 2024-25, despite the imposition of Rs1.3 trillion in additional taxes.<br \/>\nThe board ultimately collected Rs11.74 trillion after two downward revisions, with officials attributing the gap to unrealised recoveries of Rs250 billion from pending court cases. Aurangzeb, however, said that the government was not considering taking additional tax measures.<br \/>\n\u201cWe are not immediately taking additional tax measures,\u201d he said.<br \/>\nIn an earlier briefing to the Senate Standing Committee on Finance and Revenue, Aurangzeb said that the Finance Division would take over the duty to prepare the Finance Bill for the next fiscal year.<br \/>\nThe finance minister said that the Tax Policy Office (TPO) at the Finance Division will replace the FBR in the making of the next Finance Bill.<br \/>\nGovt planning investor conference in US<br \/>\nIn a separate interview with Bloomberg News, Aurangzeb said that Pakistan was planning an investor conference in Washington later this month.<br \/>\n\u201cThe sectors are very clear where we seek their investment and where we see a clear investment appetite,\u201d he added.<br \/>\n\u201cWith respect to the US, as of right now, you\u2019ve just kick-started that process.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance minister rules out immediate additional measures despite FBR facing tax shortfall ISLAMABAD Finance Minister Muhammad Aurangzeb on Wednesday expressed satisfaction with the pace of the government\u2019s talks with the International Monetary Fund (IMF), saying the negotiations were progressing \u201cpositively\u201d. Speaking to the media in Islamabad, the finance minister stated that the government was confident [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":456557,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-506108","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Talks with IMF progressing \u2018positively\u2019: FinMin<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/talks-with-imf-progressing-positively-finmin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Talks with IMF progressing \u2018positively\u2019: FinMin\" \/>\n<meta property=\"og:description\" content=\"Finance minister rules out immediate additional measures despite FBR facing tax shortfall ISLAMABAD Finance Minister Muhammad Aurangzeb on Wednesday expressed satisfaction with the pace of the government\u2019s talks with the International Monetary Fund (IMF), saying the negotiations were progressing \u201cpositively\u201d. Speaking to the media in Islamabad, the finance minister stated that the government was confident [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/talks-with-imf-progressing-positively-finmin\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-01T19:31:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2025\/01\/Aurangzeb-WEF-651x1024-1-e1737367247691.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"650\" \/>\n\t<meta property=\"og:image:height\" content=\"570\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" 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