Thursday, February 26, 2009

IMF agrees on interest rate cut if inflation declines: Tarin


DUBAI: Federal Finance Advisor Shaukat Tarin Thursday said IMF has agreed on cutting the rate of interest once the prevailing high inflation is brought down.He was talking to Geo News after holding talks with IMF.Shaukat Tarin said pressure will be exerted for paying tax on the non-tax payers with a view to broaden the existing tax base.

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