IMF agrees to issue 550 million dollars last installment: Ishaq Dar

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ISLAMABAD: Finance Minister Ishaq Dar has said that International Monitoring Fund (IMF) was agreed to issue 550 million dollar last installment to Pakistan.

He said that IMF high-ups were satisfied with their efforts and measures to stable the state’s economy. Dar said that their dialogues with IMF remained successful. He said that they would achieve the required 4.9 percent growth rate. Dar said that they did efforts to keep petroleum products prices stable and the World Band admitted their efforts.

Dar said that 0.1 million new tax payer would be brought to Tax net next year. He showed his determination to end energy crises. He was of view that the economy remained stable during last 20 months. Finance minister said that the IMF urged Pakistan to back all subsidies. He said that financial deficit was 4.3 percent last year. Dar said that inflation rate was 2.1 percent in the current fiscal year and would decrease more. He was of view that people income increase by 12 percent.