Imf: IMF to Pakistan: Function like a country, make the rich pay taxes & poor get subsidies – Times of India

Pakistan is taking steps to ensure the stability of its currency, the Pakistani Rupee, by reducing its payments. Taxes and subsidies should be provided to the poor. According to IMF Chief Kristalina Georgieva, Pakistan needs to take strong measures to avoid a \”dangerous situation\”, where the regulation of its debts is necessary. She stated that the IMF is clear that it wants to protect the poor of Pakistan, not those who would benefit from the subsidies. \”We must ensure that the poor benefit, not the rich,\” she said. In addition, the number one priority is to increase the income of the taxpayers. The government should not only focus on taxes, but also on subsidies for the poor. Finally, it is important that Pakistan works as one nation, in order to achieve success. Therefore, the government should take measures to ensure the stability of its currency and provide subsidies to the poor.



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