ISLAMABAD: The International Monetary Fund (IMF) has demanded an end to budget subsidy for tube well users.
The International Monetary Fund (IMF) has asked Pakistan to end budget subsidies for tube well users and has also asked Pakistan for details on the appreciation of the rupee against the dollar, while law enforcement agencies It has also demanded to provide the details of the action against the exchange companies.
According to the details, in the fourth round of negotiations between Pakistan’s economic team and the IMF regarding the economic review in the Ministry of Finance, the IMF has expressed satisfaction with the overall economic performance of Pakistan. The economic performance of the first quarter of the current financial year is being reviewed in the negotiations.
Pakistani officials briefed the IMF on the energy sector said the recent hike in gas prices would help offset the circular debt.