Wednesday, June 12, 2024

Pakistan's government set to unveil its annual maiden budget for the fiscal year 2024- 2025

Intro:

Pakistan's government is set to present its maiden annual budget for the fiscal year 2024-25, which is crucial for securing a new IMF deal.

The cash-strapped nation avoided debt default by securing a $3 billion loan from the IMF last year.

The IMF is urging Islamabad to implement new tax reforms and increase electricity and energy prices to stabilize its fragile economy.

Hira Mustafa has more.

In: Prime Minister......

Out: SOC

Dur: 59 Sec