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Coronavirus: Pakistan can search further help from IMF if wanted, says Hafeez Sheikh

by Pakistan Latest News Update
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ISLAMABAD – Dr Abdul Hafeez Shaikh mentioned a survey is being carried out to grasp which industries are hurting essentially the most on this disaster.

Speaking to senior journalists in Islamabad, he mentioned as a part of stimulus measures, taxes shall be decreased on sure merchandise whereas subsidies shall be given on others.

The Advisor mentioned each effort shall be made that aid value 280 billion rupees to farmers just isn’t disturbed. He mentioned disbursements below Ehsaas program shall be accelerated in order that weak segments of the society should not impacted by the corona risk.

To a query Hafeez Sheikh mentioned it has been determined with the IMF that our expense on coping with Corona outbreak shouldn’t be added to the deficit quantity.

Hafeez Sheikh mentioned IMF has additionally agreed with our assist bundle for folks, including that we are able to additionally search further help from IMF if wanted.

He mentioned the Asian Improvement Financial institution and the World Financial institution have additionally agreed with us to offer mortgage on versatile phrases if we would have liked to cope with the Corona outbreak within the nation.



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