08
Oct
Oct
IMF Reaches $1.2 Billion Staff-Level Agreement with Pakistan, Seeks End to Fuel Subsidy
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Sufyan Tahir / 4 weeks
- 0
- 6 min read
Petrova said Pakistan should promptly phase out its fuel support scheme because of its high cost and broad targeting. ISLAMABAD: Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) for the release of approximately $1.2 billion under two loan programmes after committing to phase out its fuel subsidy scheme promptly, increase social […]
