Pak’s debt plan rejected by IMF; Sharif govt in a fix | ‘Beggars increasing…’

The Pakistan government is in a fix after the International Monetary Fund (IMF) rejected its revised Circular Debt Management Plan (CDMP). The IMF which is in Islamabad for an urgent meeting over the pending ninth review under the $7 billion Extended Fund Facility, has called on the Pakistan government to increase the electricity tariff in the range of PKR 11-12.50 per unit to restrict the additional subsidy at PKR 335 billion for the current fiscal year. It also called the revised CDMP 'unrealistic, which is made based on certain wrong assumptions.' Watch this video for more.

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Wednesday, June 07, 2023
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