No Cheap Contraceptives as IMF Turns Down Request to Abolish 18% GST
6 Articles
6 Articles
Pakistan Denied GST Relief On Condoms By IMF Despite Population Boom
The International Monetary Fund (IMF) has declined Pakistan's request to immediately scrap the 18 per cent General Sales Tax (GST) on contraceptives, dealing a blow to the government's push to make birth control more affordable.
Condoms To Remain Expensive in Pakistan As IMF Rejects GST Waiver on Contraceptives Amid Fiscal Crisis | 🌎 LatestLY
Sources close to the negotiations told Pakistan-based The News that PM Sharif's administration had approached the IMF seeking permission to abolish the 18 percent General Sales Tax (GST) on essential family planning items, including condoms. However, the IMF has rejected Pakistan's request. 🌎 Condoms To Remain Expensive in Pakistan As IMF Rejects GST Waiver on Contraceptives Amid Fiscal Crisis.
Condoms to make Pakistanis sweat as IMF rejects GST-cut plan
IMF Pakistan news: The IMF has rejected Pakistan's plea to cut the 18% GST on condoms and other contraceptives, saying tax relief can only be considered in the next budget. It has linked loans that Pakistan desperately needs to financial reforms. But the GST decision keeps birth-control supplies expensive in a country battling high population growth.
No cheap contraceptives as IMF turns down request to abolish 18% GST
PM Shehbaz directed FBR to approach IMF on contraceptives.No immediate possibility of reduction in prices after IMF refusal.Relief can encourage smuggling to complicate enforcement: lender.ISLAMABAD: Despite having one of the highest...
IMF rejects proposal to remove GST on contraceptives
The International Monetary Fund (IMF) has rejected Pakistan’s request to abolish General Sales Tax (GST) on contraceptive products. According to sources, during a virtual meeting, the Federal Board of Revenue (FBR) sought approval to immediately remove the 18 percent GST imposed on contraceptive items. However, the IMF declined the request, stating that such matters can only be discussed during upcoming budget negotiations. It is worth noting th…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium





