What does Pakistan need to do to get a fresh bailout package from IMF?
Pakistan’s economic managers are currently grappling with three pressing issues to stabilize the economy and achieve growth. Engaging with the IMF To navigate these challenges, the economic managers are actively engaging with the International Monetary Fund (IMF). They aim to convert ongoing discussions into formal talks for a new bailout
Electricity tariff expected to rise by Rs7 per unit in July
Pakistan has notified the International Monetary Fund (IMF) of a potential increase in the average electricity tariff by Rs. 5 to Rs. 7 per unit in July, owing to annual adjustments. Despite multiple price hikes, the country is expected to miss its circular debt reduction target. During ongoing discussions about
FY 24-25 budget expected on June 7
In response to IMF pressure, the Pakistan government is contemplating ending tax exemptions in the forthcoming FY budget.
