The latest reports say that the demand entails an increase in gas prices by up to 41 percent by mid-February.


Islamabad: The International Monetary Fund (IMF) on Monday urged Pakistan to raise gas tariffs, the sources privy to the development said on Monday.
The demand entails an increase in gas prices by up to 41 percent by mid-February.
The IMF reportedly declined to offer subsidies on power tariffs beyond those allocated in the budget. It is understood that approximately Rs 1000 billion will be allocated for the petroleum sector, Rs 250 billion for the power sector, Rs 600 billion for OGDCL, and Rs 150 billion for PPL.
Previously, Pakistan presented a proposal to the IMF regarding electricity tariffs for the export sector. The proposal suggests reducing the power tariff from 14 cents to 9 cents for the export industry. Sources indicate that the plan awaits approval from the international lender before implementation.
It's noteworthy that the IMF had previously opposed the decision to reduce power tariffs for the export sector, despite demands from Pakistan's export industry to lower tariffs to enhance exports.
Israeli aggression continues in Gaza as 48 more Palestinians martyred
- 2 گھنٹے قبل

Over 140,000 students register for MDCAT 2025
- ایک گھنٹہ قبل
Drone from Yemen crashes near hotel in Israeli city of Eilat
- ایک گھنٹہ قبل
Rupee strengthens against dollar in interbank and open markets
- 5 گھنٹے قبل
Trump says he disagrees with UK on recognising Palestinian state
- 3 گھنٹے قبل

Google Discover feed gets major upgrade with social media posts and shorts
- 3 گھنٹے قبل
50 Sudanese migrants killed as boat capsizes off Lebanon coast
- 5 گھنٹے قبل
Qatar plans ICC case over Israeli airstrike on Doha building
- ایک گھنٹہ قبل

Flood threat rises in Sindh as water flow increases at Sukkur and Kotri Barrages
- 4 گھنٹے قبل

Tragic electrocution claims lives of father and son in Karachi
- 2 گھنٹے قبل
US-UK sign major technology partnership during President Trump's visit
- 5 گھنٹے قبل

ECC approves final Reko Diq agreements
- 3 گھنٹے قبل