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IMF urges Pakistan to curb state control and reform energy sector

IMF

The IMF concluded an unscheduled visit to Islamabad, urging Pakistan to reduce government intervention and enhance competition to foster private sector growth. Mission Chief Nathan Porter emphasized the need for structural energy reforms and prudent fiscal policies to stabilize the economy.

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The delegation reviewed Pakistan’s progress under the Extended Fund Facility (EFF), calling for agricultural income taxes by 2025 and meeting the revenue target of Rs12,970 billion. Legal changes to limit discretionary federal powers on supplementary grants were also recommended.

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