Restoration of stalled IMF loan programme
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December 24, 2020
ISLAMABAD: The government is most likely to take the masses into confidence about the inevitable increase in power tariff by Rs3.30 per unit before December 31, 2020 to qualify for restoration of the stalled $6 billion IMF loan programme, a senior official of the Energy Ministry privy to the expected development confided to The News.
“Pakistan wants to revive the IMF programme which got stalled in February 2020 due to disagreement over additional tax measures and increase in electricity prices.
The main issue the government is facing is the fiscal crunch and there is an uphill task of debt servicing payments in future and Pakistan is now in the lurch and is left with no option but to go back to the IMF,” he said. The IMF wants, the official said, the government to get the Electric Power Act bill in the National Assembly passed enabling the government to pass on its cost of inefficiency and theft to the p
Cabinet extends power tariff hike after expiry in November - Newspaper
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کابینہ نے بجلی کے نرخوں میں اضافی چارج لگانے کی منظوری دے دی - Pakistan
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