(NSI News Source Info) ISLAMABAD, Pakistan - November 15, 2010: 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 – Sindh and Punjab – informed the meeting that despite facing opposition they were moving ahead on the RGST and planned to raise substantial resources through tax on agriculture and property.
Interior Minister Rahman Malik said that Pakistan was fighting terrorism as a frontline state and deserved that its $50 billion foreign debt was written off.
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