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IMF chief calls for taxing the rich in Pakistan during her meeting with PM Kakar

IMF chief

IMF managing director Kristalina Georgieva asked Pakistan to tax the rich people in the country. She stated this in her brief meeting with caretaker Prime Minister Anwaarul Haq Kakar during the 78th UNGA session in New York.

In an interview with a Pakistani TV, the IMF leader advocated for imposing taxes on the affluent population in Pakistan.

Meanwhile, IMF chief and PM Kakar characterized the meeting as a productive and constructive exchange.

The prime minister conveyed that their discussions had underscored their shared commitment to enhancing economic growth in Pakistan.

Georgieva shared a photo on her social media account and commented on her meeting with Pakistan’s PM regarding the nation’s economic prospects.

She stated, “We concurred on the crucial necessity for robust policies that ensure stability, foster sustainable and inclusive growth, prioritize revenue generation, and provide protection for the most vulnerable in Pakistan.”

She reiterated the IMF’s call for taxing the wealthy and safeguarding vulnerable segments of the population, emphasizing that this aligns with the desires of the Pakistani people.

2.2 million Pakistanis data hacked from restaurants

Meanwhile, the private database of a company used by hundreds of restaurants in Pakistan has been breached by hackers, compromising the personal information of 2.2 million Pakistani citizens.

The hackers have put this data up for sale online and even provided samples of citizens’ information in their advertisements.

The compromised citizen data includes contact numbers and credit card details. The restaurant industry of the country widely relies on hacked software. Such personal details of the citizens are also available for purchase on the Internet.

The hackers are demanding a payment of 2 Bitcoins for this stolen data from the company. It is equivalent to approximately $54,000, considering the current value of the bitcoin. In Pakistani rupees, this amounts to over Rs15 million.

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I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.

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