Saturday, December 2, 2023

Inflation will Increase More After IMF Agreements: PM Shehbaz Sharif

Inflation will continue to rise following the loan agreement with the International Monetary Fund (IMF), according to Prime Minister Shehbaz Sharif.

PM Shehbaz Sharif stated today at a news conference in Islamabad that the federal government added extra taxes on large corporations in the mini-budget while shielding the average citizen from having to face the financial burden.

Inflation will increase after the deal, he claimed, adding that the talks with the IMF have entered their final stage. “We must adhere to the IMF’s requirements. Most of the taxes in the supplemental budget are levied on expensive goods.

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