However, IMF convinced government to make mandatory reforms for the constant political stability.
Islamabad: The government has affirmed International Monetary Fund (IMF) to increase power tariff timely.
According to the details, the table talks between IMF and government are continued on third day regarding economic evaluation of the country.
It is expected on July 1 to increase the prices of electricity. The increase of prices in power tariff will be done with the monthly, mid and yearly adjustment.
Government confirmed to make a documented form of economy to generate revenue. A staff level agreement will be done in the middle of the next week between sponsors.
IMF persuaded to make sure the security of needy people under an agreement. IMF demanded to maintain the policy of market-based exchange rate and tightened the monitory policy.
However, IMF convinced government to make mandatory reforms for the constant political stability.
Gold prices unchanged locally after global stability
- 5 گھنٹے قبل
Pakistan’s remittance growth reaches 55% with $3.1bn in February
- 3 گھنٹے قبل
Karachi faces Measles crisis as hospital admissions rise
- 6 گھنٹے قبل
ATC extends remand of Mustafa Amir murder suspect
- 3 گھنٹے قبل
Security forces rescue 350 passengers from Jaffer Express after terrorist hijacking
- 7 گھنٹے قبل
Lion seized in Lahore after viral selfie sparks Wildlife Dept raid
- 6 گھنٹے قبل
WAPDA awards consultancy contract for Hydraulic Model Research Institute in Sheikhupura
- 2 گھنٹے قبل
PM orders strict action against price hikes in Ramazan
- 5 گھنٹے قبل
Dollar value drops in interbank market as rupee strengthens
- 3 گھنٹے قبل
Govt plans raw sugar imports to lower prices
- 6 گھنٹے قبل
Three died as room ceiling collapses in Khyber
- 8 گھنٹے قبل
FO confirms Pakistani ambassador barred from entering US
- 7 گھنٹے قبل
