ISLAMABAD - The government wants to finalise its plan for additional revenue generation worth of some Rs 25 billion before its meeting with the International Monetary Fund (IMF) likely to be held at the end of current month of February. The Finance Ministry in consultations of the Federal Board of Revenue (FBR) is working on several options in order to generate additional revenue for the remaining period of the ongoing financial year. The government wants to finalize these measures ahead of the meeting with the IMF; a government official told The Nation on Monday. The Federal Board of Revenue member Inland Revenue, Khawar Khursheed has already told the media that the government was working on the several revenue generation measures and would finalise in next few days. Meanwhile the tax collection target is likely to be upward revised to Rs 1630 billion from the earlier target of Rs 1604 billion due to the additional revenue generation measures. However, the sources told that government is likely to take this decision in next few days particularly before the meeting with IMF, as the government failed to introduce reforms in General Sales Tax and power sector, therefore to control the soaring fiscal deficit, the government is working on plan B. according to the reports the fiscal deficit could surge to 8 per cent of the GDP if government did not take steps to control it. It might be mention here that the government of Pakistan would hold a long meeting with the officials of the International Monetary Fund in next few days to discuss the economic situation of the country.