IMF ‘lauds’ Sindh’s economic performance
ISLAMABAD: The International Monetary Fund (IMF) has commended Sindh’s economic performance, stating that the province has achieved most of its economic targets, ARY News reported citing sources. According to sources, this was revealed during a meeting between Sindh’s Provincial Secretary of Finance, Fayaz Jatoi, and IMF officials in Islamabad. Sources revealed that the IMF reviewed Sindh’s economic performance over the past eight months and was briefed on the province’s revenue board’s performance. The IMF appreciated Sindh’s surplus of Rs 264 billion in the first six months of the current fiscal year. The IMF also praised Sindh’s single sales tax returns and was informed about the complexities of agricultural income tax in the province. The agricultural income tax rate is set to differ between July-December 2024 and January-June 2025. The IMF advised Sindh to increase funding for education and public health. The province was also urged to allocate more funds to improve the qual...