PM Budget Control Shift to Dar Sparks Debate
The Budget control shift Dar move has sparked fresh debate. The prime minister handed budget making authority to Ishaq Dar. However, officials say earlier proposals failed to convince him. As a result, the government formed a special committee. It will review tax plans and guide final decisions. Therefore, Dar is expected to play a central role.
Committee to Review Tax Proposals
The new committee will examine tax policy in detail. It will assess fiscal stability, growth, and investment impact. In addition, it will review revenue potential and inflation risks. Experts will also check legal and operational feasibility. For example, they will study how new taxes affect exports and industries. This broad scope shows how important the process has become.
Focus on Economic Stability and Growth
Finance Minister Muhammad Aurangzeb stressed steady economic progress. He said stabilisation efforts already show positive results. However, key challenges still remain.
External debt remains a major concern. Therefore, the government aims to boost exports and growth. He also confirmed a strong focus on long-term stability. Aurangzeb added that reforms are not short term fixes. Instead, they form part of a wider economic strategy. This plan aims to strengthen fundamentals over time.
IMF Urges Continued Reforms
Meanwhile, the International Monetary Fund shared its views. The visiting mission was led by Iva Petrova. It stressed the need for consistent reforms. The IMF highlighted fiscal discipline as a key priority. In addition, it called for structural changes to ensure long term growth. Discussions also covered the upcoming budget framework. Officials reviewed policy direction and reform goals. As a result, the government may align its plans closely with IMF guidance.
