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Economy

Pakistan considers higher taxes to meet IMF demands

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

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

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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