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IMF criticizes Pakistan’s new budget for failing to broaden tax net in ‘progressive way’

  • Top IMF official in the country says the fiscal plan has further reduced the fairness of the country’s tax system
  • The Fund also criticizes a proposed tax amnesty scheme, says it runs against conditionalities laid out by it
By KHURSHID AHMED    ·

Oman credit rating outlook revised to positive by S&P on fiscal improvement

By Arab News ·
graphic

Saudi Arabia predicts budget surpluses from 2023: Ministry of Finance

By Jana Salloum ·

Saudi budget discipline saved $133bn in 4 years: finance minister

By Arab News ·

Saudi budget deficit narrows by 92 percent with more tax-income, oil sales

By Jana Salloum - SHATHA ALMASOUDI - SARA ALFAIZ ·

Kuwait budget deficit surges 175 percent as revenues slump

By Arab News ·

S&P cuts Kuwait rating on lack of deficit-financing strategy

By Reuters ·

Narrower Saudi budget deficit is credit positive, Moody’s says

By Arab News ·

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