Pakistan seeks $50bn foreign debt waiver

malik-PDF-APP-543ISLAMABAD: As federal and provincial economic teams assured the international community on Sunday of their resolve to introduce wide-ranging taxation measures, including Reformed General Sales Tax (RGST) and taxes on agriculture and real estate, Interior Minister Rahman Malik made a plea for waiving the $50 billion foreign debt to help Pakistan move ahead with the war against terrorism.

On the other hand, representatives of the international community attending a two-day Pakistan Development Forum asked the government and people of Pakistan to take the lead in reconstruction and rehabilitation of flood-hit areas.
Most of the foreign delegates repeatedly asked the authorities about steps they were taking to mobilise resources.
Two provinces

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