Sunday, April 25, 2010
IMF assured of power tariff hike, imposition of VAT
4:57 PM | 
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Updated at: 0229 PST, Sunday, April 25, 2010
ISLAMABAD: The democratic government of Pakistan has blown another hard hit to the already crippled poor people of Pakistan that is undergoing electricity shortfall, inflation, unemployment and etc. by giving green signal to International Monetary Fund (IMF) of imposition of Value Added Tax (VAT) and 6 percent raise in electricity tariff, Geo news quoted Finance Ministry sources as saying.
Finance Ministry sources told Geo news, government has sent IMF fourth supplementary, assuring the organization to raise 6 percent electricity tariff from July 1 and implementation of VAT from August 1.
ISLAMABAD: The democratic government of Pakistan has blown another hard hit to the already crippled poor people of Pakistan that is undergoing electricity shortfall, inflation, unemployment and etc. by giving green signal to International Monetary Fund (IMF) of imposition of Value Added Tax (VAT) and 6 percent raise in electricity tariff, Geo news quoted Finance Ministry sources as saying.Finance Ministry sources told Geo news, government has sent IMF fourth supplementary, assuring the organization to raise 6 percent electricity tariff from July 1 and implementation of VAT from August 1.
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