Islamabad (HRNW)- The International Monetary Fund (IMF) has asked Pakistan for an emergency economic plan. The organization has described the country’s revised tax target of Rs 13,979 billion for the fiscal year as difficult to achieve.
According to sources, the government has planned to eliminate 54,000 government jobs by the end of 2025, which is expected to save Rs 56 billion. Officials said that these measures are necessary for the IMF’s instructions and the country’s economic stability.
Economic analysts say that if immediate steps are not taken, the fiscal deficit may increase and more difficulties may arise for the country from international institutions.
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