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  • Pakistan's PM Shahbaz Sharif agreed, IMF has put a tough condition in exchange for ...

Pakistan's PM Shahbaz Sharif agreed, IMF has put a tough condition in exchange for the loan

IMF officials are holding frequent meetings with Pakistani Finance Minister Ishaq Dar, Energy Minister Khurram Dastgir Khan and higher officials. In the talks, IMF officials have asked for a hike in the electricity price. Along with this, the government and the army have also been asked to reduce the expenses.

  • By TNB Bureau
  • - Feb 03, 2023 10:54 PM
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Pakistan's PM Shahbaz Sharif agreed, IMF has put a tough condition in exchange for the loan

Pakistan's Prime Minister Shehbaz Sharif has said that the International Monetary Fund (IMF) has set tough conditions for the loan. These are difficult times for the government to deal with the unimaginable situation. He said that the compulsion is that we have to accept the conditions of the IMF. Prime Minister Sharif has not told about the tough conditions imposed by the IMF. The IMF is reviewing the economic situation before disbursing $1.18 billion as the first tranche of the $7 billion loan. For this, a team of IMF officials is currently in Pakistan.

IMF officials are holding frequent meetings with Pakistani Finance Minister Ishaq Dar, Energy Minister Khurram Dastgir Khan and higher officials. In the talks, IMF officials have asked for a hike in the electricity price. Along with this, the government and the army have also been asked to reduce the expenses. Pakistan is facing a serious crisis, according to the information, the Pakistan government is ready to increase the price of petroleum products, but the IMF expects several steps to increase the revenue. Is. The series of meetings between the two sides will continue till February 9. Pakistan's talks with the IMF are going on when it has only $ 3.09 billion of foreign exchange left.

IMF officials are holding frequent meetings with Pakistani Finance Minister Ishaq Dar, Energy Minister Khurram Dastgir Khan and higher officials. In the talks, IMF officials have asked for a hike in the electricity price. Along with this, the government and the army have also been asked to reduce the expenses. Pakistan is facing a serious crisis, according to the information, the Pakistan government is ready to increase the price of petroleum products, but the IMF expects several steps to increase the revenue. Is. The series of meetings between the two sides will continue till February 9. Pakistan's talks with the IMF are going on when it has only $ 3.09 billion of foreign exchange left.

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