The most recent development in Pakistan involves the International Monetary Fund (IMF) advising against burdening the low-income and middle-class segments with increased electricity tariffs. According to Pakistan News Index, the IMF emphasized that 'the burden of tariff increases should not be placed on the middle and low-income classes,' as this could exacerbate inflation concerns. The discussions between the IMF and Pakistan are ongoing regarding proposed changes to electricity tariffs, which are part of Pakistan's efforts to meet the conditions of a $7 billion Extended Fund Facility (EFF) program. Reuters highlighted the potential macroeconomic stability and inflationary impacts of these tariff adjustments, indicating a cautious approach is necessary to manage the power sector's circular debt, which is reportedly under control due to improved recoveries and reduced losses.
ECONOMY
IMF Statement on Electricity Tariffs Impacting Low-Income Pakistanis

IMF advises Pakistan against raising electricity tariffs for low/middle-income groups amid inflation fears. ISPR's Winter Internship Program educates Gwadar, Quetta students on maritime security.
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Pakistan News Index
Updated 16h agoEN