On 30 October 2019, the Advisor to the Pakistan Prime Minister on Finance and Revenue and the Chairman of the Federal Board of Revenue (FBR) announced that the government has reached an 11-point agreement on tax changes with traders following country-wide strikes. The strikes were held to protest against government measures introduced to meet IMF requirements on increased tax revenue as part of a USD 6 billion loan package.  Some of the main points of the agreement include: a reduction in the 1.5% minimum tax on turnover to 0.5% for traders with annual revenue up to PKR 100 million; The removal...