The budget talks between Pakistan and the International Monetary Fund (IMF) for fiscal year 2025–26 remained inconclusive on Saturday, primarily due to disagreements over proposed relief measures by Prime Minister Shehbaz Sharif. The IMF reportedly raised objections to several government proposals, particularly additional power subsidies for domestic consumers. It also dismissed the government’s plan to reduce electricity tariffs for industrial users, demanding the timely tariff hikes during the next fiscal year.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Election 2024: ECP extends deadline to submit party tickets

The Election Commission of Pakistan (ECP) on Saturday extended the time for…

Pakistan condemns Rajnath Singh’s statement on nuclear arsenal

Foreign Office spokesman Ambassador Shafqat Ali Khan on Thursday condemned the irresponsible…

Former SAPM denies corruption allegations

On Monday, a former adviser to the prime minister Shahzad Akbar denied…