'Mini budget': Govt likely to impose additional duty on luxury goods.

ISLAMABAD -- In order to break deadlock with the International Monetary Fund (IMF), the federal government is likely to impose taxes to the tune of Rs200 billion as preparations for a 'mini-budget' are underway, media reported on Tuesday, citing sources.

The development came after the International Monetary Fund (IMF) shared lists of prerequisite actions with Pakistan and told the authorities that Islamabad will have to move towards implementing all demands for reviving the stalled Fund programme.

Sources told media that the government was considering implementing the mini budget from February 1, 2023. The government is all set to promulgate a Presidential Ordinance to impose taxes to the tune of Rs200 billion.

As part of the mini budget, the government is likely to impose additional duty on...

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