Tag Archives: IMF demands

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Bailout package’s draft ready as Pakistan accepts several demands of IMF

05 May, 2019 5:18 pm 5:18 pm

ISLAMABAD (92 News) – The draft for International Monetary Fund (IMF) bailout package has been prepared as Pakistan accepted the major demands of IMF on Saturday. According to the sources of Finance Ministry, Pakistan has accepted major demands of the IMF for bailout package in the draft agreement. However, It also said that over strict … Read More

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Pakistan accepts IMF’s conditions for bailout package

05 May, 2019 9:22 pm 9:22 pm

ISLAMABAD (92 News) – Pakistan has accepted the conditions of the International Monetary Fund (IMF) for bailout package. According to the details garnered, the federal government accepted the demand of the IMF of increasing electricity and gas prices in Pakistan. It also said that the consumers will pay Rs340 billion in three years for electricity … Read More

IMF demands increase in power tariffs

10 October, 2018 11:12 am 11:12 am

ISLAMABAD (92 News) – The International Monetary Fund (IMF) expressed its concern over delay in increasing the power tariffs. As per reports, the IMF delegation paid a visit to headquarters of National Electric Power Regulatory Authority (NEPRA) and reviewed current laws body. The IMF expressed grave reservations over line losses, non-payments and soaring deficit. The … Read More