IMF asks Pakistan to tax the rich and help poor.

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IMF Pakistan

[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]The International Monetary Fund (IMF) urges Pakistan to limit its use of subsidies to those who truly require them, arguing that money should be transferred from the rich and powerful to the underprivileged.

“My thoughts are with Pakistan’s people. One-third of the country’s population was hit by the floods, which have left them in ruins, according to the managing director.

“We place a strong emphasis on two things: first, increasing tax revenues because people who earn well in the public or private sectors must support the economy. The second goal is to more fairly distribute limited resources by allocating subsidies primarily to those who actually require them. The wealthy shouldn’t receive subsidies, it shouldn’t be that way. The impoverished ought to gain from them, she claimed.

“And the Fund is pretty evident there. We want Pakistan’s underprivileged citizens to be safeguarded.[/vc_column_text][/vc_column][/vc_row]

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