IMF Urges Pakistan to Implement Uniform Policy for Foreign Investors
ISLAMABAD, November 13, 2024: The International Monetary Fund (IMF) has urged Pakistan to implement a uniform policy for foreign investors by removing tax exemptions currently offered in Special Economic Zones (SEZs).
In a recommendation aimed at ensuring a level playing field, the IMF called on the government to adopt a more transparent and consistent approach, treating investors from all countries equally, including those from the Gulf and Europe.
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The IMF’s advice comes as part of its ongoing discussions with the Pakistani government on improving the business environment and attracting more foreign investment.
The Fund emphasized that eliminating preferential tax policies in SEZs would help create a fairer investment climate and encourage a broader range of foreign investors to consider Pakistan as a viable investment destination.
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By standardizing policies, the IMF believes Pakistan could foster greater competition, stimulate economic growth, and improve the overall attractiveness of the country for international investors.
