Pakistan has asked the International Monetary Fund (IMF) to relax the conditions for a mini-budget and increase in electricity prices at least till March next year after Prime Minister Khan again shot down both the proposals due to already high prices.

About 10 days ago, the Ministry of Finance had sought the prime minister’s approval for these steps to restore the $6 billion IMF programme that remains suspended since February this year, highly placed sources told The Express Tribune.

The IMF is seeking an increase of Rs1.48 per unit in electricity prices, additional taxation measures to achieve Rs4.963 trillion annual tax target and amendments in the State Bank of Pakistan Act of 1956 and Nepra Act.

https://tribune.com.pk/story/2270072/imf-keeps-govt-on-a-tight-leash