Aurangzeb hopeful for bigger IMF bailout
Islamabad: Federal Finance and Revenue Minister Muhammad Aurangzeb on Saturday expressed expectation of a bigger bailout from the International Monetary Fund (IMF) and looked at improving revenue sharing between the provinces and the Centre. Speaking to a group of journalists and think tanks in Washington, the minister said that if the loan is approved, Islamabad will review the NFC award that divides the revenue between the federation and the provinces. He said some of the areas that needed to be brought much more heavily into the tax net were the provincial markets. Pakistan is seeking a “bigger and bigger” multibillion-dollar
