IMF demands of Pakistan curtailing power subsidy in next budget
- 04-Apr-2026
ISLAMABAD: The International Monetary Fund (IMF) has demanded of Pakistan to slash the power subsidy in the next financial year to Rs 830 billion, sources said. As the Pakistan and the IMF preparing to set key targets of the next fiscal year’s budget, the lender has demanded Rs 206 billion rupees cut in the electricity […]
Sugar Sector de-regulation on IMF demand sees lack of progress
- 17-Jan-2026
ISLAMABAD: The federal government’s plan with regard to full deregulation of the country’s sugar sector has been in quandary with no progress made in provinces over the matter. The federal government decided to deregulate the sugar sector as part of the conditions agreed upon with the International Monetary Fund (IMF). The IMF deadline for deregulation […]
Pakistan restructures FBR on IMF demand
- 14-Feb-2025
ISLAMABAD: The Pakistan government has fulfilled another International Monetary Fund (IMF) condition by withdrawing key powers from the Federal Board of Revenue (FBR) and establishing a Tax Policy Office under the Ministry of Finance, as per a newly issued notification. As per details, the government has separated tax policy formulation from tax collection to enhance […]
IMF demands Pakistan to offer equal opportunities to investors
- 12-Oct-2024
ISLAMABAD: A fresh demand from the IMF could dissuade the Chinese investments in Pakistan, a US news journal said in its report. The International Monetary Fund (IMF) has asked Pakistan to stop setting up any industrial zone that offers incentives for investment and subsidy, Bloomberg said. The global lender’s this demand could hurt bringing Chinese […]
IMF demands imposing tax on farm sector
- 09-Jun-2024
ISLAMABAD: The International Monetary Fund (IMF) has demanded more tax collection from provinces and imposition of the agriculture tax, ARY News reported on Sunday. Official sources said that the IMF has urged for imposition of tax on the agriculture income adding that the farm sector paying low tax in Pakistan over its share of income. […]
Pakistan bans supplementary grants on IMF demand
- 19-Jan-2024
ISLAMABAD: The federal caretaker government has banned the release of supplementary grants on the International Monetary Fund (IMF) demand, ARY News reported on Thursday. As per details, the report stated that only the next elected government will have the authority to release supplementary grants whereas the federal government will have no such authority. Furthermore, a […]
Another IMF demand fulfilled as OGRA notifies hike in gas tariff
- 08-Nov-2023
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has issued a notification regarding the hike in gas tariff to meet another demand of International Monetary Fund (IMF), ARY News reported. According to the notification issued by OGRA, the gas tariff has been hiked by 200% whereas it has been increased by 172% for domestic consumers […]
IMF demands introducing pension reforms: sources
- 17-Oct-2023
ISLAMABAD: The International Monetary Fund (IMF) has demanded for pension reforms, citing sources ARY News reported on Tuesday. Preparations have been underway for next round of Pakistan’s talks with IMF in the last week of October. The lender has demanded implementation on pension reforms, sources at the Ministry of Finance said. The IMF wants reduction […]
Govt prepares to notify 45% hike in gas tariff on IMF demand
- 02-Oct-2023
ISLAMABAD: Caretaker government will announce to hike gas price on the demand of the IMF, citing sources ARY News reported on Monday. Former PDM government had deferred the decision of the gas price hike. The International Monetary Fund (IMF) has demanded to enhance the gas prices in the country by 45 percent. The IMF has […]
Govt decides reducing gas sector circular debt on IMF demand
- 27-Jul-2023
ISLAMABAD: The federal government has decided to reduce gas sector circular debt on the demand of the International Monetary Fund (IMF), ARY News reported on Thursday. Sources told ARY News that the federal government decided to reduce the gas sector circular debt from Rs1,600 billion to Rs1,200 billion. Sources added that the finance and energy […]