{"id":507244,"date":"2025-10-08T00:26:30","date_gmt":"2025-10-07T19:26:30","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=507244"},"modified":"2025-10-08T00:26:30","modified_gmt":"2025-10-07T19:26:30","slug":"imf-foresees-tax-shortfall-of-rs400bn","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/imf-foresees-tax-shortfall-of-rs400bn\/","title":{"rendered":"IMF foresees tax shortfall of Rs400bn"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nThe International Monetary Fund (IMF) has assessed an adjustment of over Rs400 billion in the fiscal framework, provided expenditure is also slashed accordingly for the current fiscal year.<br \/>\nThe policy level parleys kick-started between Pakistan and the visiting IMF review mission; however, the Ministry of Finance informed the Fund mission that the expenditures were quite rigid and would be hard to reduce proportionally to the level of revenue shortfall. The policy-level talks are expected to continue till Wednesday (tomorrow).<br \/>\nAt this point, the FBR high-ups informed the IMF that they would strive to fetch the desired tax collection target of Rs14.13 trillion for the current fiscal year despite witnessing a shortfall in achieving the first quarter target.<br \/>\nIt was the IMF\u2019s assessment that the FBR might face a revenue shortfall of more than Rs400 billion for the current fiscal year.<br \/>\nPakistani negotiators are confident that both the sides would be able to strike staff-level agreement; however, insiders say that it would be a prerequisite to evolve a consensus on the revised macroeconomic and fiscal framework for striking a staff-level agreement.<br \/>\nIn the context of the revised macroeconomic and fiscal framework, the IMF would share the draft Memorandum of Economic and Financial Policies (MEFP), and mutual agreement would pave the way for the staff-level agreement. In case of lack of consensus on the draft MEFP, it might result in continuation of parleys owing to evolving consensus on the damages and losses caused by the recent flash floods. \u2014 DNA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD The International Monetary Fund (IMF) has assessed an adjustment of over Rs400 billion in the fiscal framework, provided expenditure is also slashed accordingly for the current fiscal year. The policy level parleys kick-started between Pakistan and the visiting IMF review mission; however, the Ministry of Finance informed the Fund mission that the expenditures were [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-507244","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"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>IMF foresees tax shortfall of Rs400bn<\/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\/imf-foresees-tax-shortfall-of-rs400bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF foresees tax shortfall of Rs400bn\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD The International Monetary Fund (IMF) has assessed an adjustment of over Rs400 billion in the fiscal framework, provided expenditure is also slashed accordingly for the current fiscal year. The policy level parleys kick-started between Pakistan and the visiting IMF review mission; however, the Ministry of Finance informed the Fund mission that the expenditures were [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/imf-foresees-tax-shortfall-of-rs400bn\/\" \/>\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=\"2025-10-07T19:26:30+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta 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The policy level parleys kick-started between Pakistan and the visiting IMF review mission; however, the Ministry of Finance informed the Fund mission that the expenditures were [&hellip;]","og_url":"https:\/\/leadpakistan.com.pk\/news\/imf-foresees-tax-shortfall-of-rs400bn\/","og_site_name":"Daily Lead Pakistan","article_publisher":"https:\/\/www.facebook.com\/DailyLeadPak\/","article_published_time":"2025-10-07T19:26:30+00:00","author":"Web Desk","twitter_card":"summary_large_image","twitter_creator":"@DailyLeadPak","twitter_site":"@DailyLeadPak","twitter_misc":{"Written by":"Web Desk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/leadpakistan.com.pk\/news\/imf-foresees-tax-shortfall-of-rs400bn\/#article","isPartOf":{"@id":"https:\/\/leadpakistan.com.pk\/news\/imf-foresees-tax-shortfall-of-rs400bn\/"},"author":{"name":"Web 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