The Pakistani government and the International Monetary Fund (IMF) will meet next week, starting May 18, to discuss “the latest economic developments and policy implementation,” according to Baaghi TV.

Pakistan has also been asked by the IMF to continue implementing policies aimed at maintaining macroeconomic stability as well as inclusive and sustainable growth.

The demand suggests that the IMF wants to see gasoline subsidies reversed and that the government plans to raise petroleum prices on May 15, signalling that the administration is serious about restarting talks with the Fund to revive the stalled IMF programme.

 

Leave a Reply

Your email address will not be published.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

You May Also Like

CM Buzdar out, Ch Pervez Elahi in

On Monday, the ruling Pakistan Tehreek-i-Insaf (PTI) announced PML-Q leader Chaudhry Pervaiz…

Two killed in Israeli strike in Rafah

Two people were killed in an Israeli air strike on a house…

Govt determined to make economic system Sharia-compliant: Aurangzeb

Finance Minister Muhammad Aurangzeb has said that the government has been determined…

Catastrophic floods in Pakistan displace millions this year

As Sri Lanka, Indonesia, Thailand and parts of Malaysia reel from deadly…