Pakistan has secured conditional approval from the International Monetary Fund to revise the formula used for calculating the ...
The IMF has allowed Pakistan to revise the captive gas levy formula, potentially lowering rates for industrial users by 30% to 60%. The approval comes with conditions tied to electricity demand from ...
The Express Tribune on MSN

IMF okays 60% cut in gas levy

The International Monetary Fund (IMF) has allowed Pakistan to modify the price formula used to determine the captive gas levy, which will reduce gas prices for industrial consumers using the fuel for ...
Mounting external vulnerabilities, rising oil prices, and a prolonged decline in investment are pushing Pakistan's economy towards slower growth and higher poverty, economists warned at the 19th ...
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