ISLAMABAD: IMF has issued directives to Pakistan to decrease expenses and to focus on health and education in the budget 2015-16.
This was stated by Masood Ahmed, International Monetary Fund (IMF) Director for Middle East and Central Asia, while addressing a seminar.
Ahmed said that the economic survey of Pakistan is conducted keeping in mind the security situation in the country. He said that the IMF was aware that billions spent on security were putting pressure on Pakistan’s economy. The IMF has also directed Pakistan to take necessary measures to increase tax revenue, he added.
