Financially strapped Pakistan should ensure that high earners pay taxes and only the poor get subsidies. Giving this advice, the IMF said that if Pakistan wants to work as a country, then it is necessary to do so.
IMF chief Kristalina Georgieva said this in an interview with Deutsche Welle on the sidelines of the Munich Security Conference in Germany on Friday. He said Pakistan needed to take tough measures to avoid a “dangerous situation” where it would need to restructure its debt.
The subsidy should go to the poor.” He said, “The demands we are making are necessary to enable Pakistan to function as a country. He should avoid getting into such a dangerous situation where the debt needs to be restructured. He said that people who are earning good money in public or private sector should contribute to the economy.
