IMF demands Pakistan structure gas prices on targeted subsidies; talks continue.
Islamabad: (RightNow) The IMF has demanded that Pakistan structure gas prices based on targeted subsidies. This demand was made during ongoing negotiations with the IMF.
Sources indicate that the discussions with the IMF have also covered current oil prices. The impact of the Rs 80 per liter levy on petrol and diesel on the public was also addressed.
The IMF has emphasized structuring gas prices on a targeted subsidy basis. Talks will continue today, with a briefing on the circular debt in the gas sector.
The significance of these negotiations could affect Pakistan’s economy, as the government aims for currency stability and reduced inflation.
It is noteworthy that the government is trying to regulate and monitor the financial conduct of public employees. Details of government officials’ assets will be available on the website.















