Pakistan considers higher taxes to meet IMF demands

Parliament to decide on indirect duties, as central bank role also under scrutiny

20211229 Pakistan Imran Khan

Pakistani Prime Minister Imran Khan needs to make a difficult decision over a fiscal bill submitted in the National Assembly. © Reuters

ADNAN AAMIR, Contributing writer

ISLAMABAD -- Pakistan's government is facing a tough choice: prevent economic default or public outcry that could topple it from power.

The government on Thursday submitted a bill to the National Assembly -- a supplementary finance bill that will give Islamabad the right to impose indirect taxes of 360 billion Pakistani rupees ($2 billion).

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