IMF did not reject FBR’s tax target revision, govt clarifies

ISLAMABAD: The government has dismissed claims from certain electronic media outlets suggesting that the International Monetary Fund (IMF) has rejected the Federal Board of Revenue’s (FBR) request to revise tax targets.

“It’s regretted to note that some electronic media channels have aired an absolutely baseless and false story stating that IMF has rejected FBR’s request for revision of targets,” says a press release.

“It is outrightly denied that any such meeting has taken place with the IMF on this subject. Nor this subject has ever been on the agenda of any of the meetings, virtual or otherwise, with the IMF.”

The FBR strongly rejected the news and urged the national media to avoid spreading misinformation that could harm the country’s interests.

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