Pakistan Expected to Increase Gas Tariffs to Meet IMF Condition

The caretaker government of Pakistan is poised to approve a significant increase in gas tariffs, marking one of several challenging measures Islamabad must undertake to fulfill the fiscal tightening conditions set by the International Monetary Fund (IMF). This move, anticipated by Pakistani experts, is deemed "painful for the people." Liquidity Strain in Power Sector: The […]

The caretaker government of Pakistan is poised to approve a significant increase in gas tariffs, marking one of several challenging measures Islamabad must undertake to fulfill the fiscal tightening conditions set by the International Monetary Fund (IMF). This move, anticipated by Pakistani experts, is deemed "painful for the people."

The impending increase in gas tariffs underscores Pakistan's ongoing efforts to address fiscal challenges and meet IMF conditions, albeit at the expense of heightened economic strain on its populace and industries.

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