No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
    • ZABTHEATRE’23
  • Tech
  • Stories
  • Education
  • YourCut
  • Business
  • National
  • World
  • Sports
  • Entertainment
    • ZABTHEATRE’23
  • Tech
  • Stories
  • Education
  • YourCut
No Result
View All Result
No Result
View All Result

Tax the rich! Kristalina Georgieva urges to collect taxes from wealthy & protect poor

Zain Aijaz by Zain Aijaz
September 25, 2023
in Featured, Top News
Reading Time: 1 min read
Kristalina Georgieva urges to collect more taxes from wealthy

Amid soaring inflation in Pakistan, Managing Director of the International Monetary Fund (IMF) – Kristalina Georgieva urged the government to protect the poor and collect more taxes from the wealthy.

Georgieva, while talking to a private news channel after meeting with Interim PM Anwaarul Haq Kakar, said that IMF’s demand aligns with what Pakistan would like to witness in future. She added that global money lender is asking to please collect more taxes from the wealthy and protect the poor people of Pakistan.

The IMF Managing Director later Tweeted that she had a good meeting with the Pakistani premier regarding economic prospects. She stated that both agreed on the vital need for strong policies to ensure stability, foster sustainable, inclusive growth, prioritise revenue collection, and protection for the most vulnerable in Pakistan.

Very good meeting with Pakistan’s PM @anwaar_kakar today on 🇵🇰’s economic prospects. We agreed on the vital need for strong policies to ensure stability, foster sustainable and inclusive growth, prioritize revenue collection, and protection for the most vulnerable in Pakistan. pic.twitter.com/YkVpju4UqY

— Kristalina Georgieva (@KGeorgieva) September 20, 2023

Interim PM Kakar also posted on X about the meeting. He stated that a constructive dialogue was held with the IMF director Kristalina Georgieva. Kakar added that they talked about extending mutual commitment towards economic stability and growth in Pakistan.

Had a constructive dialogue with Ms. Kristalina Georgieva, Managing Director of the IMF, at the #UNGA78, that emphasized extending our mutual commitment towards bolstering economic stability and growth in Pakistan. pic.twitter.com/u8kJX8Eqga

— Anwaar ul Haq Kakar (@anwaar_kakar) September 20, 2023

The year-on-year inflation in Pakistan (for August) reached 27.4pc. The entire country also witnessed a series of protests against exorbitant electricity bills. Despite promises from the rattled government of relief for the public, no progress was recorded as IMF rejected the plan for subsidy on electricity consumption.

Zain Aijaz

Zain Aijaz

Zain is a media student and a writer by passion. He is a certified creative writer from Wesleyan University and enthusiastically writes on non-fiction and political satire. He is vastly experienced in the field of theatre and has served as a theatre mentor across different institutions. Currently, he is a contributor at The Upcut and can be reached at zainaijazdehlvi@gmail.com

Related Posts

Killed
Latest News

Young trader killed during robbery bid in Karachi

December 2, 2024
KSE-100 index lose over 500 points as PSX experiences negative trend
Business

PSX soars over 1,200 points amid optimism on inflation and interest rate cuts

December 2, 2024
PTI suspends Islamabad protest following deadly clashes, appeals for justice
Featured

PTI suspends Islamabad protest following deadly clashes, appeals for justice

November 27, 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

TOP NEWS

Killed

Young trader killed during robbery bid in Karachi

by News Desk
December 2, 2024

A 22-year-old trader was tragically shot dead during a robbery attempt on New M.A. Jinnah Road on Sunday evening, according...

KSE-100 index lose over 500 points as PSX experiences negative trend

PSX soars over 1,200 points amid optimism on inflation and interest rate cuts

by News Desk
December 2, 2024

The Pakistan Stock Exchange (PSX) maintained its bullish momentum on Monday as the benchmark KSE-100 index surged 1,248.84 points, or...

PTI suspends Islamabad protest following deadly clashes, appeals for justice

PTI suspends Islamabad protest following deadly clashes, appeals for justice

by News Desk
November 27, 2024

The Pakistan Tehreek-e-Insaf (PTI) announced the suspension of its Islamabad sit-in early Wednesday after a day of intense clashes in...

PSX in boorish trend for second consecutive day; benchmark KSE-100 index lost over 700 points

KSE-100 Index surges over 600 points amid banking sector rally

by News Desk
November 25, 2024

Bullish sentiment dominated the Pakistan Stock Exchange (PSX) on Monday as the KSE-100 index climbed 621.85 points, or 0.64 per...

The Upcut is a news platform that brings you the latest news, developments from all walks of life, from all over the world. We cover Business, news from Pakistan and rest of the world, Sports, and Entertainment. You can also read Tech Reviews and How-To Guides for simple solutions and dailylife hacks.

BUSINESS   |   NATIONAL   |   WORLD   |   SPORTS   |   ENTERTAINMENT   |   TECH   |   HOW-TO GUIDES

  • Home
  • About Us
  • Privacy Policy
  • Editorial Guidelines
  • Contact Us
  • Stories

Copyright © 2022 The Upcut. All rights reserved.

No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
    • ZABTHEATRE’23
  • Tech
  • Stories
  • Education
  • YourCut

Copyright © 2022 The Upcut. All rights reserved.

Go to mobile version