Advisor to Prime Minister on Finance Shaukat Tarin has said that the IMF officials have asked the government not to borrow from the State Bank of Pakistan and the government is committed to cut the SBP borrowing to zero per cent. In an interview with Waqt TV channel on Monday, Tarin said that International Monetary Fund would focus on four areas in Pakistan, but first of all, it will focus on reducing fiscal deficit to 3 percent after reducing it to 4.4 per cent from 7.4 per cent. Dispelling the impression that Pakistan was a defaulter state, he said, "Concrete steps will be taken to strengthen country's economy." He said the IFM had asked that oil payments also should not be paid through State Bank which would help in saving foreign reserves and rupee value would be strengthen. He said that the IMF had also asked to expand revenue base and the government was committed to take revenue base from 5 percent to 15 percent. He ruled out the impression that the IMF would take micro management from Pakistan. They have given Pakistan major targets to achieve, the Advisor said adding that in order to increase tax revenue, a large number of items and business sectors which had not been touched in the past, would have to be taxed. "These sector include agriculture, stock market, real estate and others which are out of the tax net and we will have to review how can these sectors be included in tax net," Tarin said. He further said that the agriculture sector was facing decline, it would be upgraded and made profit-earning sector through certain steps, and then this sector would be asked to enter in tax net to pay its contribution in national interest. He termed it unsubstantiated impression that the construction of GHQ was shelved due to the IMF. He ruled out the news item that increase in interest rate was done under IMF directions, rather, he said, it would help to control inflation rate. Etisalat has still to pay $7 to 8 million to the government, he said adding that the assistance of Friends of Pakistan would only be accepted in shape of transferring foreign reserves. He said that Pakistan had suffered the worst loss in the ongoing war on terror and Islamabad should have asked well before the US for an access to international markets instead of support in cash. To a question about privatization policy, he said that privatization process of the sitting government would be different and transparent as compared to that of the last regime. The Advisor said that as per the new policy, 26 percent shares would be sold and 74 percent shares would be kept as national asset. He said that the government had not yet any intention to change 8 percent sealing in agriculture banking which the last government had devised. To another query, he said that Oil and Gas Regulation Authority would review petroleum prices after each 15 days and cut in petroleum prices in international market would be shifted down to the masses. Further relief of cut in petroleum prices would be given to the people, he added. To a question about an expansion in cabinet and government expenses, he said that he could only advise the government as far as the matter of expansion of cabinet and its expenditures were concerned. However, he added, it is the government that has to take a final decision in this connection.