Finance Minister Shaukat Tareen has said that inflation will start coming down from July.
In an interview to a private TV channel, he said that the prices of commodities are high due to the import of wheat and pulses. One of the reasons for inflation is the difference in prices between farmers and the wholesale market. While the reduction in the prices of food items in the global market will also have an effect in Pakistan. The government does not intend to impose new taxes in the next budget but the government will increase the tax base through the use of technology. We are in talks with the IMF. We told the SBP and the IMF that we will meet your target but will not impose taxes.
He said that we will do what is in our interest, I try not to let anyone pay too much tax. The situation in Corona has affected the net tax collections. ۔ Credit for GDP growth also goes to Hafeez Sheikh.
