Islamabad: The International Monetary Fund (IMF) has established seven new targets for the third quarter of the current fiscal year 2019-20, a new source reported. As per the publication, these objectives include a condition to not provide tax holidays to any sector of the country on a preferential basis.
The deadline to privatise or make operational 441 public sector enterprises has been set at September 2020, while the government also plans on introducing a new law aimed at improving how these enterprises function by the same date.
In addition, the government is expected to issue the new tariff notification, regarding the payment of PKR 155 billion to Independent Power Producers, by the end of January 2020.
Moreover, the government is anticipated to take action on the FATF Action Plan’s section 9 and 10 by the end of March 2020, as well as prepare the national socioeconomic registry in order to provide social security to the lower segments of the economy.
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.
