KARACHI: Demanding the government to revoke imposition of general sales tax (GST) on solar panels and electric vehicles, a group striving to promote renewable energy, has asked the International Monetary Fund (IMF) to play a responsible part in developing socially just and environmentally-friendly financing solutions in Pakistan.
Demands to this effect were raised by Alliance for Climate Justice and Clean Energy (ACJCE) in a letter written to the IMF Board ahead of its meeting for sixth review of its loan programme, following the recent imposition of 20 percent GST on solar panels in Pakistan.ACJCE shared details of the letter during a media briefing, where speakers assailed the tax imposition and discussed its repercussions.Speaking at the briefing, Zain Moulvi, Associate at Alternative Law Collective, said the hastily passed minibudget was a grim reminder of how IMF’s…
‘Taxing clean energy tech a blow to anti climate change efforts’
