IMF is dealing with IMF in country: Agha Siraj Durrani
KARACHI (92 News) – Sindh Assembly Speaker Agha Siraj Durrani has said that there is no government, apparently ‘the International Monetary Fund (IMF is dealing with the IMF in the country on Friday.
Agha Siraj Durrani appeared before an accountability court today for hearing. Talking to the informal talks with journalists, he said that Pakistan should negotiate with the IMF.
“It becomes difficult to conduct assembly session when relationships with the opposition are not good. The reason to constitute assemblies is to take the nation into confidence,” the Sindh Assembly speaker said.
PPP leader Manzoor Wassan appeared before Sindh High Court (SHC) in Iqama case. Talking to the journalists, he said that Prime Minister Imran Khan has been overcome by the IMF.
Manzoor Wassan predicted that Imran Khan may break the assemblies and held mid-term elections. He also predicted that Maryam Nawaz will contest election in replacement of Nawaz Sharif. “It may possible that Nawaz Sharif get relief from the courts,” he said.
IMF emphasizes to impose tax on agriculture
The International Monetary Fund has demanded the more strict conditions for the bailout package as the IMF emphasized to impose tax on agriculture.
According to the sources, the IMF also did not accept the finance team of Pakistan and expressed Adviser to Prime Minister Shaikh Abdul Hafeez negative views about his financial team.
The International Monetary Fund demanded Pakistan do more for getting bailout package. The IMF shared its view with the adviser to PM that the current financial team of Pakistan cannot fulfill the expectations.
According to the sources, the IMF officials said that the financial team cannot implement on the bailout package due to disorder between the team.
“The financial team delayed to formulate the policy framework,” the sources said, adding that the team could not make policy on the tax of electricity, gas and petroleum products. It also said that the IMF asked names of focal persons for every concerned institution.
However, the international institution also demanded to impose tax on the agriculture related things. They demanded to impose sale taxes on fruits, vegetables, education, transport and health. It added that they demanded to remove subsidy on the electricity on agricultural tube wells.
On the other hand, the international finance companies initiated the debates on bailout package. Top Line International including other companies declared Pakistan’s current IMF bailout package as economic danger for the country.
Meanwhile, the analyst said that the rate of dollar will be expected to reach 160 to 165 on December and inflation rate would be 10 per cent. It also said that all the governmental institutions will be privatize.