Deferment of increase in taxes & energy tariffs: IMF turns down govt. request

The govt.’s request to defer additional taxation measures as well as an increase in energy tariffs till FY21 was not acceptable to the staff of IMF during its recent 2^nd mandatory review mission. This prompted the IMF to note in its end of mission press release that “steadfast progress on program implementation will pave the way for the IMF Executive Board consideration of the review.

18/02/2020