Pakistan: Curbing illicit tobacco trade a key condition for funding by IMF

Lahore [Pakistan], March 24 (ANI): Experts said Pakistan has a strategic window to meet International Monetary Fund (IMF) conditions, boost tax collection, and notably increase the tax-to-GDP ratio by curbing illicit trade in the tobacco sector, The Express Tribune reported.

The IMF recently proposed that the Federal Board of Revenue (FBR) impose a uniform excise duty on all locally manufactured cigarettes, irrespective o