Cash-strapped Pakistan sharply increased taxes on natural gas to comply with a long-stalled financial bailout, and both industrial and everyday consumers were expected to feel the pain
<div class="at-above-post addthis tool" data-url="http://www.metro.us/pakistan-in-bailout-bid-sharply-raises-natural-gas-taxes/"></div>ISLAMABAD (AP) Cash-strapped Pakistan sharply increased taxes on natural gas Tuesday to comply with a long-stalled financial bailout, and both industrial and everyday consumers were expected to feel the pain. The government’s bid to revive a $6 billion bailout from the International Monetary Fund led it to hike taxes on natural gas for domestic […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="http://www.metro.us/pakistan-in-bail
The government’s bid to revive a $6 billion bailout led it to hike taxes on natural gas for domestic and industrial consumers from 16 percent to 112 percent.
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