Pakistan is likely to sign the staff-level agreement with the International Monetary Fund (IMF) next week. The signing of staff level agreement with the IMF will clear the way for Pakistan to receive the last tranche of $1.1 billion under the SBA Agreement, the sources said. They further said that during the talks with the IMF, Pakistan’s officials assured the international lender of jacking up the electricity tariff from July 1, while monthly, quarterly and yearly fuel adjustments will be slapped on consumers for cost recovery.
