IMF expects Rs20tr revenue, stricter spending

• Policy-level budget talks set to begin on Monday
• GDP growth projected at 3.6pc, inflation at 7.7pc
• Revenue collection forecast to increase by Rs1.4tr
• Fiscal deficit targeted at 5.1pc of GDP

ISLAMABAD: As virtual technical-level discussions on the upcoming federal budget begin, the International Monetary Fund (IMF) expects Pakistan’s total revenue to grow to nearly Rs20 trillion in the next fiscal year, up from the current estimate of less than Rs17.8tr, with an emphasis...